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Kenya looking at further Eurobond deals to manage debt maturities
Kenya is considering issuing more Eurobonds to pay off maturing debt and smooth its repayment schedule, the East African country’s finance minister said on Wednesday. The government issued two Eurobonds in February and October last year to buy back bonds that were coming due, after concerns about Kenya’s ability to pay off a June 2024 bond sent yields sharply higher and hit the shilling currency. [...]