NSE Admits Investcent Investment Bank to the Bonds Market

The Nairobi Securities Exchange Plc (NSE) has announced the admission of Investcent Investment Bank as an Authorised Securities Deáler (ASD) in the in the Fixed Income Market.

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.

“The admission of Investcent Investment Bank as an Authorized Securities Deáler is a significant milestone in our journey to enhance the efficiency and liquidity of the NSE bond market,” Mr Frank Mwiti, the NSE Chief Executive Officer, said.

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By increasing the number of players in this space, Mr Mwiti said NSE is expanding the range of options available to investors, enhancing price discovery and increasing market transparency. This move, he said, aligns with NSE strategic commitment to develop a more robust fixed-income market that meets the needs of issuers and investors.

Dr Peter Onyango, Co-CEO of Investcent Investment Bank, said 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 customised 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 its growth and expansion.

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. Mr Mwiti says the NSE continue to receive applications from financial institutions and would admit those that meet the set criteria.

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