Kenya: Prospects of interest rate cap repeal to elevate appeal for lower duration bonds

Investors may enhance their exposure to lower duration bonds as the uncertain interest rate environment portends a big effect on bond       portfolios. Following the President’s recommendation to repeal the law capping interest rates, investors are priming themselves for the         possibility of higher interest rates. Coupled with the government’s bigger debt load, given the under-performance in revenues, … Continue reading Kenya: Prospects of interest rate cap repeal to elevate appeal for lower duration bonds