Friday, September 5, 2014

NIC bond gets Sh6.5bn offers

NAIROBI, Kenya, Sept 5 – The NIC Bank bond issue targeting institutional and retail investors has received offers of Sh6.5 billion, representing a 30 percent oversubscription from the expected Sh5 billion. Institutional investors offered to take up 90 percent of the issue, while retail investors accounted for the remaining 10 percent of the bond issue […]

Read more here Capital Business