BY JOHN GAHAMANYI of The New Times"On January 28 Rwanda’s stock exchange, Over the Counter Trade (OCT), is to be officially launched. It has been decided that OCT will begin with bonds.
A bond is simply a loan but in the form of a security. The issuer (borrower) owes the bond holder (lender) a debt and is obliged to repay the principal and the interest (the coupon) at a later date, termed maturity."
Complete story at "Rwandan stock market to open with bonds"
Category: Rwanda + Stock + Economy
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