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"id": 444675,
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"type": "speech",
"speaker_name": "Hon. Lati",
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"legal_name": "Jonathan Lelelit Lati",
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"content": "Finally, we want to ask ourselves: Why was this bond so successful? The very important and obvious factors are the positive sentiments about Kenya’s economy. Our economy is well diversified; it has tourism, finance and everything. We are not a resource dependent economy like oil, a single resource. The other thing that we should know helped us float this bond in a big way is that today in the global markets, the Euro zone and Americas, there is something called liquidity traps and interest rates are almost zero. Of course, there is excess liquidity in those countries and they are trying to harvest yields from far markets like Kenya."
}