Uganda seeks to revive corporate bond market amid Treasury yield pressure
Uganda’s Capital Markets Authority is working to restart dormant corporate bond issuance by urging firms to use credit ratings, sinking funds and financial guarantees to regain investors drawn to Treasury bills and bonds.
By Staff WriterUganda is attempting to revive its dormant corporate bond market by pushing companies to use credit ratings, sinking funds and financial guarantees to win back investors attracted to safer, higher-yielding Treasury bonds and bills.Uganda’s Capital Markets Authority (CMA) says that hi…