This morning, the Cabinet Secretary, National Treasury and Economic Planning Hon. CPA John Mbadi presided over the Launch of the Nairobi Securities Exchange PLC Bond Market Reforms. During the launch, the Cabinet Secretary underscored the Government's commitment to leverage the domestic public capital market to mobilize domestic resources and international capital key to funding strategic national projects. In his remarks, the Cabinet Secretary lauded the Nairobi Securities Exchange PLC for its efforts to enhance the vibrancy and efficiency of the fixed income market segment through market wide reforms that saw the introduction of a hybrid bond market and the introduction of a daily yield curve . The two developments have increased pre-trade transparency as well as provided a vital benchmark for assessing interest rates across various bond maturities, helping investors make more informed investments decisions.
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