Bonds are straight-forward securities issued as long-term
borrowings with a coupon that is paid out semi annually. Bonds are
normally issued by Governments and listed companies who require
long term funding. The coupons are calculated based on the nominal
value on the bonds. They can be traded on the secondary market and
the price is based on market yields prevailing at the time of
Bonds are ideal for those who require long-term investments such
as Pension Funds and Insurance Companies. BancABC's Treasury
Department is an active trader of bonds.
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BancABC aims to provide the investor community with transparent and timeous information.
This is undertaken through a proactive process whereby information is continually
and broadly disseminated to the financial community and the investing public, ensuring
that the Group is accurately valued in the marketplace...
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African Banking Corporation Tanzania Limited, with registration Number 26116 of
5th & 6th Floor, Uhuru Heights, Bibi Titi Mohammed Road, Dar es Salaam, Tanzania