CBK opens Govt securities to foreign investors

CBK opens Govt securities to foreign investors
CBK Governor Kamau Thugge

NAIROBI, Kenya, June 25 – International investors will now be able to invest in Kenyan government securities through the Central Securities Depository (DhowCSD) following a new link between the Central Bank of Kenya (CBK) and global securities settlement firm Clearstream.

In a statement, CBK said the connection will allow institutional investors to access Kenya’s domestic debt market through a single omnibus account structure covering government bonds, infrastructure bonds and Treasury bills.

“This is a significant milestone in developing Kenya’s financial markets. The link is expected to deepen liquidity, broaden the investor base and enhance the resilience of the domestic debt market,” CBK said.

Clearstream, which is part of the Deutsche Börse Group, operates one of the world’s largest post-trade settlement networks.

According to CBK, the arrangement is expected to strengthen Kenya’s integration into global financial markets while improving access to local debt instruments for international investors.

“This development underscores our commitment to strengthening and modernising financial market infrastructure, fostering greater integration with the global financial system and advancing Kenya’s position as one of the leading financial centres in Africa,” the bank said.

The CBK-Clearstream connection becomes Clearstream’s 60th domestic market link globally and only its second in Africa after South Africa.