The Project is a technical assistance project in partnership with KBA to establish an Over-The-Counter (OTC) Bond Exchange in Kenya with a future aspiration of serving the wider East African region. The OTC Exchange will essentially serve dual roles – as a trading platform provider and as a frontline market conduct and integrity regulator. This intervention seeks to help develop the bond markets and other supporting markets such as money markets, foreign exchange, and derivative markets.

The Project has three workstreams; i) Exchange structure and model, ii) Exchange registration and licensing, and iii) Exchange operationalisation.