Nairobi, Feb. 2 -- The National Treasury will publish in advance the size of debt it will restructure through buyback, switches and swaps to bring more transparency in Kenya's debt management strategy.

The Treasury's liability management operations mainly involve the replacement of maturing instruments with new debt that features a longer tenure and/or low interest payments.

So far, early full or partial redemption of government bonds from proceeds of new securities has been done on a random basis, without prior disclosure of their scale.

Kenya has already deployed some of the initiatives to ease pressure on the debt service costs, including buybacks on Eurobonds maturing in 2024, 2027 and 2028, and most recently, a currency swap on de...