Sustainability Bond

NEWS

KMRC Lists KES 3 Billion Sustainability Bond at NSE as Offer Records 313% Oversubscription

The Kenya Mortgage Refinance Company (KMRC) has listed a KES 3 billion Sustainability Bond on the Nairobi Securities Exchange (NSE) following an offer that attracted KES 9.38 billion in applications, an oversubscription rate of 313%. The listing is the second tranche under KMRC’s approved KES 10.5 billion Medium-Term Note Programme. Its inaugural bond, issued in 2022 at KES 1.4 billion,…