Posts Tagged ‘Bonds’
Housing Finance of Kenya Gets 40% More Bids for Bonds Than Amount Offered
Sunday, October 10, 2010 10:14 No CommentsHousing Finance of Kenya Gets 40% More Bids for Bonds Than Amount Offered
Housing Finance Ltd. , Kenya’s only publicly traded mortgage lender, said it received bids for 40 percent more bonds than the 5 billion shillings ($62 million) offered in a sale last month.
Read more on Bloomberg
Kenya, Uganda, Tanzania Look to Bonds as Aid Dwindles (Update2)
Monday, June 14, 2010 10:20 No CommentsKenya, Uganda, Tanzania Look to Bonds as Aid Dwindles (Update2)
Kenya, Uganda and Tanzania are turning to financial markets to finance their budgets, including the sale of sovereign bonds, as the European debt crisis forces governments to slash spending and curtail aid to Africa.
Read more on BusinessWeek
Kenya : Scangroup Turns to Bonds in Wait for Buyout Plans
Friday, April 30, 2010 10:19 No CommentsKenya : Scangroup Turns to Bonds in Wait for Buyout Plans
Delays in closing key acquisition targets last year prompted listed marketing services firm Scangroup to turn to government bonds to protect its cash reserves for fear of making deals that would not bring cash in a slowing global economy.
Read more on AllAfrica.com