The badly named keypair is really the public key of an OpenSSH key pair to be used for access to created servers. You can also create a private key for access to a created server by not passing any argument to the keypair create command.
Compute v2
Create new public or private key for server ssh access
openstack keypair create
[--public-key <file> | --private-key <file>]
<name>
--public-key
<file>
¶Filename for public key to add. If not used, creates a private key.
--private-key
<file>
¶Filename for private key to save. If not used, print private key in console.
<name>
New public or private key name
Delete public or private key(s)
openstack keypair delete
<key> [<key> ...]
<key>
Name of key(s) to delete (name only)
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