Rank: Hello Joined: 4/14/2015 Posts: 2
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Hi people what are bonds and which are the best to invest in.
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Rank: Elder Joined: 3/2/2009 Posts: 26,325 Location: Masada
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benwalibora wrote:Hi people what are bonds and which are the best to invest in.
Details about bondsPortfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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Rank: Member Joined: 1/14/2014 Posts: 178
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Impunity wrote:benwalibora wrote:Hi people what are bonds and which are the best to invest in.
Details about bonds @Impunity that's impunity!!!  Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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Just wondering..has Nairobi County/Municipality ever issued a bond?They keep complaining of not having cash and then raising rates and fees..
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Rank: New-farer Joined: 1/9/2015 Posts: 19 Location: NAIROBI
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Chaka wrote:Just wondering..has Nairobi County/Municipality ever issued a bond?They keep complaining of not having cash and then raising rates and fees.. Haha....thats a nice one....their credit ratings are so low that they only qualify for junk bonds which kenya's investors find non-palatable..
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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Chaka wrote:Just wondering..has Nairobi County/Municipality ever issued a bond?They keep complaining of not having cash and then raising rates and fees.. Actually NCC used to issue municipal bonds which were even listed at the london stock exchange. The last bond was in 1980 and obviously they defaulted. The rating would be C to D which means default imminent with little prospect of recovery
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