Category: Sh27.1bn
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Rising interest rates fuel Sh27.1bn bond sell-off by foreigners
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Foreign investors cut their holdings of treasury bonds by 84.6 percent to Sh4.9 billion in the quarter ending June 2024 from Sh32 billion in the same period last year in search of higher returns from shorter-term papers. At the same time, foreigners increased their holdings of treasury bills according to…
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Rising interest rates fuel Sh27.1bn bond sell-off by foreigners
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Foreign investors cut their holdings of treasury bonds by 84.6 percent to Sh4.9 billion in the quarter ending June 2024 from Sh32 billion in the same period last year in search of higher returns from shorter-term papers. At the same time, foreigners increased their holdings of treasury bills according to…