Bond market rakes in Rwf40m


Activity was low at RSE yesterday. / File.

The bond market raked in Rwf40.12 million in total turnover yesterday, continuing its relatively good run from last year, the Rwanda Stock Exchange (RSE) indicates. The FXD4/2014/7-year that is redeemable on 19/11/2021 closed at Rwf100.23 trading Rwf30 million and realising Rwf30.1 million turnover, while the FXD4/2015/3-year (23/11/2018) bond transacted Rwf10 million worth of bonds at Rwf100.21, recording Rwf10.02 million in turnover, according to the RSE daily market report.

Meanwhile, both Rwanda Share Index and the All Share Index were unchanged from Wednesday to close at 119.91 and 127.26 points, respectively. Bralirwa recorded a total turnover of Rwf42,000 from 300 shares traded in two deals. The counter closed at Rwf140, unchanged from the last trading session. The Bank of Kigali counter was also stable, closing at Rwf228. The lender raked in Rwf456,000 in turnover from 2,000 shares traded in one deal.

However, the other equities counters were closed, and Crystal Telecom closed at Rwf90; Equity Bank was at Rwf334; NMG at Rwf1,200, while KCB was at Rwf330, and Uchumi Supermarkets at Rwf104. At the end of the formal trading hours, there were outstanding offers of 302,300 shares, ranging from Rwf228 to Rwf245 on the Bank of Kigali counter and an outstanding bid for 5,000 shares at Rwf220.

Bralirwa received outstanding offers of 18,400 shares at between Rwf140 and Rwf143 and an outstanding bid for 800 shares at Rwf135. On the Crystal Telecom counter, there were outstanding bids for 5,000 shares at Rwf88, but shareholders were offering 80,500 shares at a higher rate of between Rwf94 and Rwf98.

Market capitalisation was at Rwf2.748 trillion.