Key facts
- Kenya plans to sell a foreign bond valued at $1.13 billion.
- The bond sale is intended to address the budget financing deficit for the fiscal year beginning in July.
Kenya is preparing to issue a foreign bond with a value of $1.13 billion. This financial instrument is intended to help cover the country's budget financing deficit for the upcoming fiscal year, which begins in July. The sale aims to bridge the identified financial gap for the period.