The Kenyan government has successfully raised $1.5 billion (Sh193.8 billion) in international capital markets, utilizing a portion of these funds to prematurely redeem $1 billion of its 2028 Eurobond. This strategic financial maneuver aims to manage debt more effectively and ease future repayment pressures.

• The issuance comprised a 7-year tranche at 7.875 percent and a 12-year tranche at 8.8 percent, with an overall cost of 8.7 percent.
• Treasury Principal Secretary Chris Kiptoo highlighted the government's commitment to wise debt management.
• Most subscriptions came from institutional investors in the U.S. and the U.K., signaling renewed confidence in Kenya’s debt management.