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Kenya’s Eurobond Issuance Sparks Economic Optimism: DTB Forecasts Growth and Sustainability

Kenya’s issuance of a Eurobond is likely to ease concerns about the debt situation and lift the overall outlook for the country, Diamond Trust Bank has said. The new $1.5 billion bond, which attracted demand of more than $6 billion, is likely to have a positive effect on the exchange rate, inflation, interest rates and the level of…

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