Search results
Results from the WOW.Com Content Network
The company began selling shares on 16 May 2016 and is the third exchange in Africa after Johannesburg Stock Exchange (2006) and Nairobi Securities Exchange (2014) to self list. [ 7 ] [ 8 ] The company offered 30% of the company's stock on the stock exchange represented by 15,000,000 ordinary shares.
For Fitch, a bond is considered investment grade if its credit rating is BBB− or higher. Bonds rated BB+ and below are considered to be speculative grade, sometimes also referred to as "junk" bonds. [103] Fitch Ratings typically does not assign outlooks to sovereign ratings below B− (CCC and lower) or modifiers.
Moody's Investors Service ("Moody's") has today downgraded the foreign and local currency issuer ratings of the Government of Tanzania to B2 from B1 and changed the outlook to stable from negative.
A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of a federal state) composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds are entities that manage the national savings for the purposes of investment.
Issued By: Agence France Trésor, the French Debt Agency OATs. BTFs - bills of up to 1 year maturities; BTANs - 1 to 6 year notes; Obligations assimilables du Trésor (OATs) - 7 to 50 year bonds
STORY: Here are five business stories making headlines in sub Saharan Africa this week.Tewolde Gebremariam - who transformed Ethiopian Airlines into Africa's biggest carrier - is resigning as ...
The principal argument for investors to hold U.S. government bonds is that the bonds are exempt from state and local taxes. The bonds are sold through an auction system by the government. The bonds are buying and selling on the secondary market, the financial market in which financial instruments such as stock, bond, option and futures are traded.
TIB Development Bank, formerly known as Tanzania Investment Bank (TIB), is a government-owned development bank in Tanzania. The bank is the first development finance institution established by the Government of Tanzania. The activities of TIB are supervised by the Bank of Tanzania, the central bank and national banking