Search

Kenya’s Mortgage Financier Eyes 2026 for Bond Issuance Amid High Interest Rates

Subscriber only Subscriber only
Allen dreyfus Logo
© Allen Dreyfus
  • KMRC delays capital raise to 2026 due to harsh market conditions
  • Interest rates of 17-18% prevent affordable bond issuance for the firm

Nairobi, Kenya – Kenya Mortgage Reinsurance Company (KMRC) is eyeing 2026 as the earliest window to raise fresh capital, aiming to tackle the low urban homeownership rate, which currently stands at just 21.3% penetration in urban areas.

You need an active subscription to continue reading this article.

Recent Business

Senegal @ Pixabay
Senegal returns to market with $490mn bond despite debt strain
Read More »
Luanda, Angola Photo @ Unsplash
Angola cuts rates as inflation eases, oil risks loom
Read More »
Investors trading cryptocurrency on Binance. Photo @ Unsplash
Nigeria, South Africa drive Africa’s $205bn crypto boom
Read More »

Recent Politics

Steel factory. Photo by Peter Herrmann @ Unsplash
Nigeria’s steel dreams still idle after billions spent
Read More »
Youths in Nigeria protest against brutalities Photo by Ayoola Salako @ Unsplash
Nigeria inflation slows to 20.12% in August, fuelling rate cut hopes
Read More »
Nairobi, Kenya © Unsplash
Kenya-Somalia tensions threaten vital khat trade
Read More »

Latest Posts

Latest news insights