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THE STANDARD By
Frankline Sunday |
January 28th 2021 at 00:00:00 GMT +0300
NSE Market watch board during ringing of the bell ceremony at Nairobi securities Exchange in Nairobi on Friday, Sept 4, 2019. [Jonah Onyango, Standard]
Most of them sought for stable returns amidst increased volatility in other securities during the pandemic.
Investors at the Nairobi Securities Exchange (NSE) traded a record Sh690 billion in Treasury bonds last year, as uncertainty arising from the Covid-19 pandemic drove many from the equities market.
Latest Capital Markets Authority (CMA) data indicates that the total value of bonds from the government and private sector stood at Sh691.7 billion last year, a Sh40 billion increase from the figure recorded in 2019, and an all-time high.
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