StanChart places AfDB’s first Ugandan shilling note

21 May 2008

The African Development Bank has issued the first non-domestic Ugandan shilling bond with a Ush24.6825bn ($15m) three year deal via Standard Chartered. The deal, priced at par, pays a coupon of 10%, with a maturity date of May 16, 2011.

The deal came about as the result of a reverse ...

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