RBM’s K5bn Treasury Note Listed

The Reserve Bank of Malawi (RBM) has officially listed a two-year K5 billion Treasury Note on the Malawi Stock Exchange (MSE).

RBM Market Developments Manager, Franklyn Khoza said the listing will not only help in boosting trading on the stock exchange, but also allow diversification of financial assets for investors.

“The listing is part of the market development initiative to have the bond listed and now that the bond is on the market, the investing public will be aware of its existence and will be investing in it actively,” Khoza explained.

MSE Chief Executive Officer, John Kamanga said the listing provides that diversity of products where investors have the opportunity to either list in equity as well as treasury note while at the same time providing a wide spectrum of instruments they can invest ion.