Tag: BLOOM

Nov 28

Kenya Abandons Eurobond Plan in Change of Funding Strategy

Article content (Bloomberg) — Kenya has dropped plans to tap international capital markets this fiscal year due to the high cost of dollar debt, according to Treasury Secretary Njuguna Ndung’u. The East African nation will seek cheaper concessional funding instead, Ndung’u told the state-run MyGov newspaper. It will return to international debt markets “when conditions […]
Nov 24

European Stocks Waver as Economic Picture Darkens: Markets Wrap

Breadcrumb Trail Links PMN Business European shares wavered after the latest economic data highlighted Germany’s struggle to recover from an energy-induced downturn last winter and the mounting impact of higher borrowing costs. Author of the article: Bloomberg News Matthew Burgess and Robert Brand Published Nov 24, 2023  •  3 minute read Join the conversation An […]