The Nairobi Securities Exchange (NSE), announced the admission of Investcent Investment Bank as an Authorized Securities Dealer (ASD). This development comes as part of the NSE’s ongoing bond market reforms aimed at increasing liquidity, transparency, and accessibility in Kenya’s fixed-income securities market. Investcent Investment Bank is now authorized to actively trade in bonds on the NSE platform, further contributing to the deepening of Kenya’s bond market and offering investors greater options for bonds investments.
Frank Mwiti, CEO, NSE: ‘’The admission of Investcent Investment Bank as an Authorized Securities Dealer is a significant milestone in our journey to enhance the efficiency and liquidity of the NSE bond market. By increasing the number of players in this space, we are expanding the range of options available to investors, enhancing price discovery and increasing market transparency. This move aligns with our strategic commitment to develop a more robust fixed-income market that meets the needs of issuers and investors.’’
This admission is part of NSE’s larger strategy to broaden access to bonds trading to all licensed financial services providers under the hybrid bonds market framework approved by the Capital markets Authority earlier this year. We continue to receive applications from financial institutions and will be admitting them once they fulfill the NSE admission criteria.
Peter Onyango, Co-CEO, Investcent Investment Bank: ‘’As a licensed boutique investment bank and alternative investments hedge fund manager in Kenya, Investcent will leverage this new partnership with the NSE to provide customized fixed-income solutions tailored to meet the specific needs of our clients. We aim to transform the bond market by delivering exceptional services while also contributing to the growth and expansion of the bond market in Kenya.’’
