Kenya: M-Akiba Bond Hits Target With 5000 Buyers

Only 5,692 investors bought the debut phone-based bond worth Sh150 million whose sale closed yesterday, having met the target ahead of time.

Data from the National Treasury showed that 102,632 people registered on the M-Akiba mobile phone bond platform, but only 5.5 per cent of them actually invested in the inaugural digital paper.

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