Kenya guides to low 6s and 7s as more terrorist attacks hit

Kenya has released initial price thoughts of low 6% yield area for a five year benchmark bond and low 7% for a 10 year. But terrorism this year in the country, the most recent bout in hotels in coastal Mpeketoni on Sunday night, is likely to impact tourism which accounted for around 12% of the country’s GDP in 2013, and investors are already cautious around the country's large current account deficit.