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businessdailyafrica.com > bd > markets > capital-markets > investors-pay-premium-in-reopened-bonds-sale-5393034

Investors pay premium in reopened bonds sale

9+ hour, 57+ min ago  (560+ words) Investors are now paying a premium for reopened bonds carrying higher returns, as they race to secure the much sought-after securities in a market where interest rates are falling. The latest bond sale which closed last week, comprising two re-opened…...

Business Daily
businessdailyafrica.com > bd > markets > currencies > banks-forex-income-hit-by-us-dollar-surplus-5393008

Banks’ forex income hit by US dollar surplus

5+ hour, 22+ min ago  (506+ words) Time flies with great content! Renew in to keep enjoying all our premium content. Excess US dollar liquidity and the decision by the Central Bank of Kenya (CBK) to hold the Kenya shilling steady at around Sh129 against the American currency…...

Business Daily
businessdailyafrica.com > bd > economy > banks-face-loan-refunds-after-illegal-rate-increase-5310544

Banks face loan refunds after illegal rate increase

2+ mon, 2+ week ago  (346+ words) Banks face loan refunds after illegal rate increase'Business Daily PRIME Banks face loan refunds after illegal rate increase PRIME Why shilling remained at Sh129 against dollar for record 16 months PRIME Consumers kept in dark over tariff for new Sh40bn power lines PRIME…...