Kenya moves to automated treasury trading – Ndung’u
The launch of the Automated Trading System (ATS) for treasury bonds is a major milestone in the development of domestic bond market, said Njuguna Ndung'u, the governor of the Central Bank of Kenya, in a speech on 7 December.
Ndung'u said by moving away from the open outcry method of trading in treasury bonds he expected to see more activity in the market. He added that this would improve market liquidity and encourage more investors to participate in the bond market.
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