by bondevalue | Mar 8, 2021 | Credit Ratings, Sovereigns
Kenya’s rating has been lowered to B (stable) from B+ by S&P, pushing it further into junk territory. This comes on the back of the pandemic, which resulted in the nation’s real GDP growth dropping to 0.2% in 2020 from ~5.6% in the last 5 years. Even...
by bondevalue | Feb 16, 2021 | Sovereign Bonds
Kenya released its “The Medium Term Debt Strategy (MTDS)” policy document that guides government borrowing and public debt management in which it indicated that the sovereign is veering away from domestic borrowing towards external debt. The nation seeks...
