Skip to main content

Kenya to buy back $500 million in Eurobonds

Central bank governor says country will seek ‘exceptional’ IMF funding

Nairobi, Kenya
Nairobi

Kenya will borrow $500 million to buy back Eurobonds due in 2024 and ask for greater International Monetary Fund credit, Central Bank of Kenya governor Kamau Thugge told Reuters.

In the interview, published on October 12, Thugge said Kenya was planning to borrow between $500 million and $1 billion from two regional banks.

“We would use part of that for the buyback, for the liability management, and the rest would be for the budget support,” said Thugge.

Thugge added Kenya would seek

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.