Finally, I will turn to the consequences, in terms of advantages and possible challenges, that a greater use of the euro by international agents might bring about, both for the euro area itself and in the international context. As a general remark, it must be emphasised that the Eurosystem is taking a neutral stance regarding the international role of its currency.
g. Lengthening the Yield Curve: To minimize rollover risks and at the same time provide a benchmark for pricing long term capital, the CBK issued a 30-year bond, the longest security tenor in the region. The bond issued in February 2011 has actively been at the Nairobi Securities Exchange.