Good morning Kampala.
In this episode we talk about the secondary Market deals of the week.
We also talk about the upcoming 20 year Auction coming on the market next month.
Some of the quotes from the episode.
“All the great investors, all the great investment firms we are here about, they have exposure to treasury bonds.
But when you bring it back home, I'm an ardent believer that many of us, we shall never be entrepreneurs.
However much we glorify it, there is that statistic that 90% of the businesses that are started in Uganda fail.”
“It also creates a reminder that in 25 days from now, the 20-year bond 15% coupon is coming back on the primary market.
Yes, we saw it in the private placement two weeks ago and it had the highest yield at 16.75%. so we anticipate higher yields like this”
Enjoy the listening.
Happy Investing everyone
Alex Kakande
