Bonds turnover at the NSE hits two-year high in February
6 days ago, 06:53
Monthly bonds turnover in the secondary market at the Nairobi Securities Exchange (NSE) rose to a two-year high in February as fixed-income investors looked for a home for excess liquidity. Turnover hit Sh63 billion during the month, the highest seen since March 2016 when it stood at Sh67.4 billion, nearly doubling from the Sh37.5 billion in trades recorded in January. A number of investors who found the primary market crowded out due to the Central Bank of Kenya stance of rejecting expensive bi ...
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