NCBA Group arranges oversubscribed Kshs 3 billion KMRC Sustainability Bond listed on the NSE
NCBA Group has successfully arranged the listing of the Kenya Mortgage Refinance Company (KMRC) Kshs 3 billion Sustainability Bond at the Nairobi Securities Exchange, following overwhelming investor demand that saw the issuance oversubscribed by 312.8 percent. The Sustainability Bond attracted applications worth Kshs 9.38 billion, underscoring strong market confidence in both KMRC’s affordable housing mandate and NCBA’s proven capital markets structuring capabilities.

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