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President William Ruto (centre), Deputy President Rigathi Gachagua (left), and the chairman of Nairobi Securities Exchange Kiprono Kittony (right) during the launch of the enhanced Nairobi securities exchange marketplace on October 11, 2022. [Wilberforce Okwiri, Standard]
President William Ruto is planning to issue a dollar-denominated bond aimed at attracting billions of dollars in foreign currency deposit accounts.
Speaking on Tuesday during the bell-ringing ceremony to mark the launch of the enhanced Nairobi Securities Exchange (NSE) Market Place, the head of state said this is one of the ways to enhance the domestic market even as the new government plans to shift from external borrowing.
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