ACA 5,200     CRDB 170     DCB 395     DSE 1,300     EABL 5,250     JHL 10,500     KA 110     KCB 950     MBP 600     MCB 500     MKCB 890     MUCOBA 400     NMB 2,760     NMG 2,280     PAL 470     SWALA 500     SWIS 3,820     TBL 13,400     TCC 13,100     TCCL 1,360     TOL 780     TPCC 1,780     TTP 650     USL 90     VODA 760     YETU 600     

GOVERNMENT BOND

A Government Bond is a bond issued by the Government “The Borrower” to the investors “The Lenders” who are from the general public. When the Government issues a bond it divides that bond into smaller proportions that are sold at a price called the face value. The Government promises investors payment of some interests on the borrowed amount; interests are paid annually or semiannually. Investors are also promised repayment of the borrowed amount after the bond matures.

Currently the Government issues bonds that mature after a period of 2, 5, 7, 10 and 15 years, these bonds yield interest rates of 7.82%, 9.18%, 10.08%, 11.44% and 13.5% respectfully.

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Outstanding Government Bonds187.05 KB