Nairobi, July 29 -- Investors who sold their Treasury bonds on the secondary market at the Nairobi bourse made a profit of Sh132.7 billion after falling returns on new issuances triggered a surge in prices and demand for older, higher-return papers.

The gains were 30.7 percent higher compared to the Sh101.58 billion profits that bond investors booked at the Nairobi Securities Exchange (NSE) in the first half of 2025.

The profits are derived from the difference between the selling price of the bonds at the secondary market and their face value, which is the amount the seller paid the government when purchasing the paper in the primary market at the Central Bank of Kenya (CBK).

New data from the Capital Markets Authority (CMA) shows the ...