Kenya Bond Sale Reflects Confidence Its Citizens May Not Share
The pre-July sale of sovereign debt comes at a period of uncertainty. But the IMF is a fan, and the government is pressing reforms.
Matt Mossman
April 2, 2014
A bundle of Kenyan Schilling bank notes in various denominations are seen displayed on a table at a local market in this arranged photograph in Mombasa, Kenya, on Monday, April 29, 2013. The number of tourists coming into Kenya in the first two months of this year dropped significantly as the country readied for polls, new data showed. Photographer: Trevor Snapp/Bloomberg
Trevor Snapp/Bloomberg
