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Here comes the Pererabond...
Rank: Elder Joined: 10/1/2009 Posts: 2,436
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So what will be the nuts and bolts for Kenyans to invest in this locally?
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Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi
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Quote:
Kenya has reopened the sovereign bond it issued in June, raising an additional Sh68 billion ($750 million) from international investors. The Business Daily has learned that the bond went on sale last Tuesday and the proceeds are set to be received tomorrow. Reopening of the Eurobond increases the total proceeds to Sh248 billion ($2.75 billion). The bond had initially raised Sh180 billion.
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Rank: Elder Joined: 12/7/2012 Posts: 11,937
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The optimist wrote:Quote:
Kenya has reopened the sovereign bond it issued in June, raising an additional Sh68 billion ($750 million) from international investors. The Business Daily has learned that the bond went on sale last Tuesday and the proceeds are set to be received tomorrow. Reopening of the Eurobond increases the total proceeds to Sh248 billion ($2.75 billion). The bond had initially raised Sh180 billion.
The debt the governament is accumulating is amazing......... In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Angelica _ann wrote:The optimist wrote:Quote:
Kenya has reopened the sovereign bond it issued in June, raising an additional Sh68 billion ($750 million) from international investors. The Business Daily has learned that the bond went on sale last Tuesday and the proceeds are set to be received tomorrow. Reopening of the Eurobond increases the total proceeds to Sh248 billion ($2.75 billion). The bond had initially raised Sh180 billion.
The debt the governament is accumulating is amazing......... Wow! Another $750M for gok 6 months later!
The extra $750M is meant for what purpose?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/15/2006 Posts: 3,907
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hisah wrote:Angelica _ann wrote:
The debt the governament is accumulating is amazing.........
Wow! Another $750M for gok 6 months later!
The extra $750M is meant for what purpose?
A defence against the inevitable decline of the Kenya Shilling, now that Naira like the Cedi has come acropping. And the fundamental drivers are flashing orange
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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hisah wrote:Angelica _ann wrote:The optimist wrote:Quote:
Kenya has reopened the sovereign bond it issued in June, raising an additional Sh68 billion ($750 million) from international investors. The Business Daily has learned that the bond went on sale last Tuesday and the proceeds are set to be received tomorrow. Reopening of the Eurobond increases the total proceeds to Sh248 billion ($2.75 billion). The bond had initially raised Sh180 billion.
The debt the governament is accumulating is amazing......... Wow! Another $750M for gok 6 months later!
The extra $750M is meant for what purpose?
2017 is not very far! The opposite of courage is not cowardice, it's conformity.
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Which is which ............. http://www.businessdaily...8/-/i2l9gs/-/index.html
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Here comes the Pererabond...
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