×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Bond market sends Kenya slump signs

Yields on short-term bonds could increase and surpass those on long-term bonds as the repeal of the interest rate cap takes effect, new data shows.

The data analysed by the investment firm Dyer and Blair also explains that the new development could lead to a recession as the country's fiscal deficit continues to grow.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in