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The Standard e-Paper
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The Standard Group Plc is a
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Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Following the issue of the $2 billion (Sh202 billion) Eurobond, Kenya’s debt levels have hit a new depth. Since 2013, we have seen an increase in the appetite for debt.
What is a Eurobond? Wanjiku might ask. According to http://www.investinganswers.com, a Eurobond is a bond floated in a foreign market and denominated in a currency not native to the issuer's home country. Eurobonds are denominated in currencies other than the home currency of the issuer usually in US Dollars. Eurobonds are bearer bonds.
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