What is a Panda Bond? Why Kenya wants $300 million from China

Baks wa M'Muthamia


Kenya is considering its first Panda Bond, a proposed $300 million borrowing from China’s domestic capital market as Treasury looks for more ways to finance the budget and manage expensive external debt. So, what’s a Panda Bond?


The Central Bank of Kenya (CBK); established in 1966 – is the country’s primary monetary authority, responsible for formulating monetary policy, maintaining price stability, and issuing the Kenyan Shilling (Image: Files)



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