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The new $1.5 billion Eurobond is cheap at the price because it has stabilised the economy, caused the shilling to appreciate and reduced the cost of living. ....
Beneath Kenya's confidence is a series of multilateral loans expected to pour into the exchequers accounts by April. Kenya has received disbursements totalling just over $1 billion Sh160 (billion) in the last two months from IMF and Trade Development Bank (TDB). ....