Monday, August 17, 2026

Kenya Considers Chinese Bond Market

 Reuters published on 14 August 2026 an article titled "Kenya Eyes Debut Chinese Bond Market Issuance This Fiscal Year."

Kenya is considering issuing its first ever bond on the Chinese domestic debt market known as panda bonds, as it seeks to raise $300 million to plug a gaping hole in its budget for this fiscal year.  

Kenya has a budget deficit of 5.5 percent of gross domestic product for this fiscal year.  It is seeking financing from a variety of other sources.