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The Government plans to cross-list its $2 billion (Sh180 billion) sovereign bond on the Nairobi Securities Exchange (NSE).
This comes after the NSE management stated that plans are underway to introduce trading of multi-currency denominated bonds on the bourse in a move that would also pave way for the cross-listing of the country’s debut sovereign bond that is currently listed on the Irish Stock Exchange (ISE).
Deputy President William Ruto yesterday told an investment conference that the move would allow more Kenyans to have access to the Eurobond.
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