The Kenya Government will in a few weeks float a eurobond of between Ksh 50 Billion to Ksh 75 Billion following a strong interest from fifty international investors during at a roadshow in London on Tuesday.
The Government through the Treasury began a bond roadshow this week,along with other African nations who are keen to raise funds from the international debt market.
Mr Henry Rotich, who is Kenya’s Cabinet Secretary for treasury was in London on Tuesday to meet investors in what he termed as a “non-deal” roadshow but other sources say GOK is keen to come back around in Mid May.
Analysts project that the issue would be between Ksh 50 Billion to Ksh 75 Billion($500 million to $750 million.) Also Read; Kenya Goes for a 2016 Eurobond Financing