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The Nairobi Securities Exchange (NSE) is eyeing counties and parastatals to revive the corporate bond market, with talks between the Nairobi bourse at various sub-nationals at an advanced stage.
Issuance of bonds by sub-national bodies, together with the launch of a hybrid over-the-counter (OTC) bond trading platform, is one of the ways the NSE plans to increase liquidity in the secondary market of fixed income.
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