CBK Announces New Market Link With Clearstream to Attract Investment in Government Securities

Kenya, 25 June 2026 - The Central Bank of Kenya (CBK) has unveiled a new market link with global securities settlement firm Clearstream, a move expected to attract more foreign investors to government securities.

In a statement on Thursday, CBK said the Clearstream-Kenya Link will provide foreign institutional investors with easier access to government bonds, infrastructure bonds, and Treasury bills through the Government Central Securities Depository (DhowCSD).

Clearstream's connection to the DhowCSD is expected to be central in ensuring that investors access the local market through a unique omnibus account structure.

“This is a significant milestone in developing Kenya’s financial markets. The Link is expected to deepen liquidity, broaden the investor base, and enhance the resilience of the domestic debt market. Clearstream is Deutsche Börse Group’s post-trade business,” CBK stated.

Clearstream is the post-trade business of Deutsche Börse Group and provides settlement and custody services for financial markets across the world.

The Link is the 60th domestic market link within Clearstream’s global network and 2nd in Africa, after South Africa.

 CBK  is optimistic that the move will be fundamental in modernizing the country’s financial market infrastructure, greater integration into the global financial system, and elevating Kenya as one of the leading financial hubs on the continent.

 The development is also expected to unlock the full potential of DhowCSD, which is boosting the country’s financial market through operational efficiency and expansion of digital access, thus improving monetary policy operations in the country.

The Link is expected to deepen liquidity, broaden the investor base, and enhance the resilience of the domestic debt market. Clearstream is Deutsche Börse Group’s post-trade business,” CBK stated.

“The Central Bank of Kenya remains committed to upscaling Kenya's financial market infrastructure to premier status, driving financial inclusion, and anchoring long-term financial stability,” it added.

The launch comes at a time when Kenyan government securities are attracting strong investor demand, with recent Treasury bill and bond auctions recording subscriptions above the amounts offered by the government.

 The strong uptake has been attributed to the attractive returns and growing investor confidence in government debt instruments.