ACA 5,200     CRDB 210     DCB 395     DSE 1,400     EABL 5,650     JHL 10,400     KA 110     KCB 980     MBP 600     MCB 500     MKCB 900     MUCOBA 400     NMB 2,340     NMG 2,360     PAL 470     SWALA 500     SWIS 3,820     TBL 13,000     TCC 11,000     TCCL 1,360     TOL 780     TPCC 1,780     TTP 650     USL 90     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