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Kenya will be hoping to replicate the successes in other stock exchanges such as in South Africa.
The city of Johannesburg raised a 2 million (Sh14.4 billion) Municipal Bond for clean development projects.
It is planning to introduce a Index for listed companies to complement the traditional NSE 20.
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Focus will also be put on banks’ small and medium-sized enterprises clients towards extending preferential rate capital to this segment.
According to NSE Chief executive Officer Geoffrey Odundo, the recently concluded United Nations Sustainable Stock Exchanges (SSE) executive dialogue on Green Finance that was held on the sideways of United Nations Conference on Trade and Development (UNCTAD) Conference, offered motivation to develop road-map.
postponed for second time He called on the Capital Markets Authority in partnership with other stakeholders to come up with guidelines for issuing the bond.In general, only the information that you provide, or the choices you make while visiting a web site, can be stored in a cookie.For example, the site cannot determine your email name unless you choose to type it.Its debut, according to Kenya Bankers Association (KBA) CEO Habil Olaka, may be fast-tracked to come as early as February since there is goodwill from respective shareholders.Green bonds are deliberately designed to fund projects that have positive environmental or have climate benefits.