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Friday, September 15, 2017

NBS Bank K7bn bond to finance road construction - The Nation Online

NBS Bank K7bn bond to finance road construction - The Nation Online:



NBS Bank plc has issued a K7 billion Roads Bond Facility with the Roads Fund Administration 

(RFA) to finance the rehabilitation and construction of a road in Lilongwe. 

The bond—a debt investment in which an investor loans money to an entity has been issued 

by the Malawi Stock Exchange (MSE) listed bank in collaboration with its sister company, 

Nico Asset Managers. 


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