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Kenya will take new loans to repay the Eurobond when they fall due as part of its debt management strategy to reduce pressure on principal repayments. - @NationAfrica
.@KeTreasury has a solid plan to deal with Eurobond loans, which started maturing last year, all the way to 2024.
This means that Kenya will be back in the international markets soon, seeking new loans to repay the old ones, in what will see the loan refinanced in perpetuity, with the taxpayer only paying the interest.
