Kenya to Repay $2 Bn Eurobond; Gets IMF Backing to Avoid Default

Kenya says it will not default on its debt obligations, especially the $2 billion Eurobond that matures in June 2024. Deputy Central Bank of Kenya Governor Susan Koech said the government has a plan to manage the Eurobond through a liability management exercise before the end of this year. She said the government is committed … Continue reading Kenya to Repay $2 Bn Eurobond; Gets IMF Backing to Avoid Default