Kenya's Eurobond Issuance and Buyback

In this episode recorded on 14.02.2024 and hosted by Ramah Nyang - Business Journalist, Bloomberg, we are joined by Julians Amboko - Business Journalist, Nation Media Group and Churchill Ogutu - Economist, IC Group to discuss Kenya's recent Eurobond issuance and buyback.We also cover borrowing from the domestic market vs the international market, issuing Eurobonds at a fixed vs floating rate, and expectations from the Finance Act and Finance Bill 2024.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction00:05:13 Cross-Default00:08:20 2031 Eurobond Issuance and the 2024 Eurobond Buyback 00:11:03 Alternatives for Settling the 2024 Eurobond00:16:52 Domestic vs International Markets00:21:38 Pricing of the 2031 Eurobond00:28:11 Expectations from the Finance Act And Finance Bill 202400:30:30 Fixed vs Floating Rates and the FX Market00:40:33 Ammortizing Feature00:42:27 Longer-Term Eurobonds from Frontier Markets Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe