Kenya will still issue second eurobond this fiscal year – Finance Minister

NAIROBI (Reuters) – Kenya is still expected to issue a second Eurobond this fiscal year, Finance Minister Ukur Yatani said on Tuesday.

“We want to be predictable,” he told reporters.

Last week, a document from his ministry had said Kenya was likely not to issue the bond planned for the 2021/22 (July-June) financial year due to surging yields in international markets.

(Reporting by George Obulutsa; Editing by Toby Chopra)

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