Yesterday marked the official listing of the government bond since the commencement of trading on the Rwanda Stock Exchange since the launch of capital market in January 2008. This bond valued at Rwf2.5 billion will mature in 2014 with periodic interest of 10.5% per annum.

The listing comes after the bond was over subscribed by 328% and this brings the total outstanding bonds at Rwf13.5 billion.

On the equity side, trading continued with lower volumes and transactions though the market traded in a higher range compared to yesterday. 

The market recorded a total turnover of Rwf26,836,500 from 155,800 Bralirwa shares traded in 9 recorded transactions between Rwf170 and Rwf175. The shares closed at Rwf175; an increase of Rwf5 from the previous closing.

At the end of the session, a total of 1.5 million Bralirwa shares were on offer in two lots at Rwf180 and another offer of 10,000 shares at Rwf175; there was also three bids totaling 874,000 Bralirwa shares at Rwf170.

The KCB counter had an offer of 1,400 shares at Rwf185 and no buyers as NMG counter was quiet.

KCB and NMG shares remained unchanged; they closed at Rwf173 and Rwf1,200, respectively.

Ends