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The Standard e-Paper
Truth Without Fear
The Standard Group Plc is a multi-media organization with investments in media
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digital and online services. The Standard Group is recognized as a leading
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international interest.
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The government's intention to buy back part of the $2 billion (Sh282 billion) Eurobond has sparked negative sentiments with global ratings agency Moody's equating it to a default.
Bloomberg reported that Kenya's Eurobonds had plunged after the statement by Moody's.
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