May 6 • 1HR 11M

Episode 51: Rising Eurobond Yields

Impact on Kenya's bid to raise a Eurobond next year

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Mwango Capital
Breaking down businesses and understanding markets in East Africa
Episode details

In this episode recorded on 27.04.2023, we host Mark Bohlund, Senior Credit Research Analyst at REDD Intelligence, to discuss Kenya's rising Eurobond yields and the impact on Kenya's bid to raise a Eurobond next year.

We also cover the sell-off in the market, the likelihood of defaulting on the upcoming Eurobond payment, and strategies for managing maturing Eurobonds.

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Show Notes

00:00:00 Introduction

00:02:54 Eurobonds

00:05:09 Taping into The Eurobond Market

00:06:21 Rising Yields on the Kenya Eurobond

00:09:55 Drivers for Market Sell-Off

00:11:28 Managing Maturing Eurobonds

00:18:47 Likelihood Of Default

00:24:16 Challenges in Borrowing in the Domestic Market

00:30:39 Tanzania Getting into the Bond Market

00:38:53 Uganda's Domestic Market

00:43:41 Closing Thoughts