Wazua
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Investor
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Bonds
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Huge appetite for bonds
Rank: New-farer Joined: 7/17/2012 Posts: 14
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Today Kes.8 Billion worth of bonds were traded at the NSE. Things looking up for the market at last.Over 400m worth of stocks were also traded.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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This was expected jana all bond traders I know couldnt sleep walikuwa wanawashwa washwa... possunt quia posse videntur
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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This report explains a lot. The only banks that marked to market their AFS bonds were SCBK & NBK. The rest used accounting gimmicks to hide the losses as interest rates went thru the roof. From the AFS loss repair as interest rates slide, I expect SCBK to report huge profits as well a dividend hike in 2012. Not so sure abt NBK, never follow it that much. www.theeastafrican.co.ke...66/-/8to8la/-/index.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Wazua
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Investor
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Bonds
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Huge appetite for bonds
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