The share of the government’s domestic debt held by individuals and other non-financial institutions increased 38 percent or Sh74 billion in a year as the investors pursued high returns from the fixed income securities.
The Central Bank of Kenya data shows the investors classified as “other” including individuals, saccos, self-help groups and religious institutions held 6.44 percent of total domestic debt equivalent to Sh268.96 billion in the first week of April.
