ACA 5,400     CRDB 150     DCB 385     DSE 1,140     EABL 5,150     JHL 10,400     KA 110     KCB 890     MBP 600     MCB 500     MKCB 890     MUCOBA 400     NMB 2,760     NMG 2,480     PAL 470     SWALA 500     SWIS 3,500     TBL 13,300     TCC 16,800     TCCL 1,200     TOL 780     TPCC 1,460     TTP 600     USL 100     VODA 850     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