Kenya's recent Eurobond prospectus is under scrutiny after it presented information contradicting official records regarding the country's engagement with the International Monetary Fund (IMF). The document claimed a successful conclusion of the IMF's ninth review in July 2025, which directly conflicts with IMF records.

• The prospectus stated the ninth review of Kenya’s Extended Credit Facility (ECF) and Extended Fund Facility (EFF) was concluded on July 10, 2025, resulting in a $976 million disbursement.
• The IMF records indicate the ninth review was terminated in March 2025 by mutual agreement.
• Kenya recently issued Sh197.2 billion ($1.5 billion) in dual-tranche amortising notes, listed on the London Stock Exchange.
• Cumulative disbursements under the IMF-supported program were noted as $3.8 billion in the prospectus.