Rank: Elder Joined: 6/23/2009 Posts: 14,440 Location: nairobi
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lochaz-index wrote:wukan wrote:lochaz-index wrote:KE is stepping on the eurobond gas...another 250 billion raise to plug the ever growing fiscal deficit. This will however come at a premium or become impossible depending on how fluid the debt market (interest rates), USD and KES trends are. Following the tacit withdrawal of IMF's support and possible ratings downgrade this will be an interesting signal on the fiscal end. https://www.bloomberg.co...robonds-loans-this-year The debt treadmill. At this rate I would estimate around 2021 is when KE will start to experience the severe debt crisis. plenty of time to prepare I highly doubt it will get that far. The most critical factors, that is, both global interest trend and the USD rate are outside of KE's control...sitting ducks literally. It’s not looking good COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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