YOKOHAMA, Japan -- Kenya is looking to both the Japanese and Chinese bond markets, hoping to manage debt-servicing pressures by taking advantage of relatively low financing costs.
Bonds
Kenya turns to Japan's samurai, China's panda bonds for financing
Under fiscal constraints, African nation seeks low-cost funds via Asian competitors
The national flags of Japan, Kenya and China. The African country is turning to the two Asian economies for local-currency bond issues. (Source photos by Kosaku Mimura, AP and Mizuho Miyazaki)
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