Eurobond offer still on course, says Treasury

National Treasury Cabinet secretary Henry Rotich. Photo/FILE  Nation Media Group

By Reuters

Kenya plans to issue its debut Eurobond worth up to $2 billion during the financial year that ends in June 2014 and it does not expect a significant effect on economic growth from the weekend mall attack that left dozens dead, the National Treasury said.

The Treasury Cabinet secretary Henry Rotich said in a statement that the country's economic growth objective for 2013 remained at 5.5 to 6 per cent, adding that tourism was stable and it would not suffer "long lasting effects" from the attack.

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