S&P affirms Kenya at B with stable outlook on Aug 22, 2025
On Aug 22, 2025 S&P Global Ratings affirmed the Republic of Kenya at 'B' with a stable outlook, according to the Kenyan Treasury's credit ratings page. The listing shows S&P 'B Stable' with the date Aug 22 2025.
The desk brief
On Aug 22, 2025 S&P Global Ratings affirmed the Republic of Kenya at 'B' with a stable outlook, according to the Kenyan Treasury's credit ratings page. The listing shows S&P 'B Stable' with the date Aug 22 2025.
An S&P affirmation at B/stable formally preserves Kenya's published credit view, but sovereign bond investors will remain sensitive to near-term refinancing needs, reserve dynamics and fiscal metrics. If external-credit concerns or global risk-off episodes intensify, longer-dated USD sovereign bonds would be more duration-sensitive and could see larger price adjustments than shorter-dated paper.
Next sovereign rating action or the publication of Kenya's external financing plan and reserve updates.
Sources & verification
Developing storyFurther independent confirmation is required.
Public references supporting this brief.
Price Discovery
Kenya sovereign curve
Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.
- Kenya 27May 2027100.1886.647%
- Kenya 28Feb 2028100.0637.189%
- Kenya 31Feb 2031104.5008.149%
- Kenya 32May 203296.5008.952%
- Kenya 33Oct 203394.2509.153%
- Kenya 34 JanJan 203484.2509.338%
- Kenya 34 FebFeb 203491.1259.792%
- Kenya 36Mar 203697.5009.944%
- Kenya 38Oct 203890.87510.204%
- Kenya 39Feb 203989.81310.239%
- Kenya 48Feb 204884.9389.964%
Indicative levels only. Full bid/ask context and trading actions remain inside MSA Trader.
Open Price Discovery