Capital Structure

i
Banking Sector Interest Rate
Spread in Kenya
Njuguna S. Ndung’u and Rose W. Ngugi
Macroeconomic and Economic Modelling Division
Kenya Institute for Public Policy Research and Analysis
KIPPRA Discussion Paper No 5
March 2000
Interest rate spread in Kenya
ii
KIPPRA in brief
The Kenya Institute for Public Policy Research and Analysis
(KIPPRA) is an autonomous institute whose primary mission is to
conduct public-policy research leading to policy advice and capacity
building. KIPPRA’s mission is to produce consistently high-quality
analysis of key issues of public policy and to contribute to the
achievement of national long-term development objectives. It aims to
influence the decision-making process positively through effective
dissemination of recommendations resulting from analysis and
through training to build capacity in the public sector. KIPPRA
therefore produces a body of well-researched and documented
information on public policy. In the process it assists in formulating
long-term strategic perspectives. KIPPRA serves as a centralized
source from which the government and the private sector may obtain
information and advice on public-policy issues.
Published 2000
© Kenya Institute for Public Policy Research and Analysis
Bishops Garden Towers, Bishops Road
PO Box 56445, Nairobi, Kenya
tel: +254 2 719933/4
fax: +254 2 719951
email: [email protected]
ISBN 9966 949 04 6
The Discussion Paper Series results from KIPPRA research and
policy activities. They disseminate results and reflections from
ongoing research activities of the institute’s programmes. The papers
are not externally refereed and are disseminated to inform and in ...
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