The Kenya Mortgage Refinance Company (KMRC) has successfully listed its Sh3 billion green and sustainability-linked bond at the Nairobi Securities Exchange (NSE). The bond was significantly oversubscribed, highlighting strong investor interest in ESG-labelled debt within Kenya's capital markets.

• The issuance attracted applications worth Sh9.38 billion, a 312.8 per cent oversubscription rate.
• Key players include KMRC, led by CEO Johnstone Oltetia, and the National Treasury.
• Proceeds will refinance eligible green and social housing loans, including those for energy-efficient housing and affordable housing targeting low-income households and women borrowers.