Kenya to Repay Part of Eurobond Debt Early to Ease Concerns
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Kenya plans to repay $300 million of its $2 billion Eurobond in December ahead of maturity.
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Decision comes after Kenya explored funding options, including IMF, World Bank support.
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Kenya's public debt exceeded 60% GDP limit as of June 2023.
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President Ruto secured support to avoid debt distress and repay bond.
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Repayment aimed at easing concerns over debt from citizens, markets and partners.