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Kenya's Eurobond 2027 Pay-Down in 2026: The Sh64.5 Billion Buyback, the New $1.5 Billion Issue and What It Means for the Shilling

After the painful 2024 rollover of the 2024 Eurobond, Kenya entered 2026 with a more proactive debt-management posture. A Sh64.5 billion buyback in February 2026 followed earlier work that retired $579 million of the 2027 note in 2025. The strategy is reshaping the country's external-debt redemption profile and, indirectly, the shilling.

May 24, 2026 7 min read
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