Bond issue is a great opportunity for Rwandans

Editor, The government issuing, through the National Bank of Rwanda, a fourth treasury bond worth Rwf2.5 billion on the secondary market is exciting news. What is particularly exciting is the high interest rate. The treasury bond which has been issued will attract a coupon rate of 9.5 percent. That is a very high rate of interest.

Editor,

The government issuing, through the National Bank of Rwanda, a fourth treasury bond worth Rwf2.5 billion on the secondary market is exciting news. What is particularly exciting is the high interest rate. The treasury bond which has been issued will attract a coupon rate of 9.5 percent. That is a very high rate of interest.

When this rate is compared with the interests gained by putting money in savings accounts in commercial banks, one easily sees that this is a great deal.

I therefore encourage every Rwandan who can utilize this opportunity to do so. Not only will you be making a good profit, you will also help the government reach its goals of providing services and social amenities to its citizens.

Thomas Rwego
Kimihurura

 

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