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REOPENED 30 YEAR 12% BOND RESULTS
amolo
#1 Posted : Wednesday, March 23, 2011 9:09:45 PM
Rank: Member


Joined: 1/29/2007
Posts: 70
Weighted average rate of accepted bids 13.520% compared with 12.959% for same bond last month.
Price per 100/- at average accepted yield 88.956 (To confirm if this is PriCe or Dirty Price)
Marked weighted average rate for this week 13.832% compared to 14.145% last month.
Total Bids received were 25,938.49 Billion accepted 19,858.67(last month 8 B)..CBK looking for chums!
THE WAY FORWARD:
As for me and my house we shall cool some 2m there (actual price will be a discounted 1,779,120/-) and receive approxiamately 120,000/- every six months (less 10% WH Tax)as we wait for NATO forces to throw out Gadaffi, the rains to come on time and the election so that NSE can go back to 4,600 and then discount the bonds and re-enter the NSE
Renegade
#2 Posted : Thursday, March 24, 2011 9:15:33 AM
Rank: Member


Joined: 4/18/2009
Posts: 118
amolo, I think this is a good place to hide while we await the upturn.
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