M-AKIBA

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In M-Akiba there are no lots like in other bond issues, the maximum amount an individual will be allowed to trade is $1400 (Sh140, 000) a day in line with central Bank guidelines on Mobile Network Operators (MNOs) money transfer platforms.M-AKIBA will attract a 10% coupon rate also known as interest.

Payments of interest or coupon on M-AKIBA will be made twice a year and directly to MPESA or Airtel money. So for instance if you traded with $30 upon maturity of the bond after 6 months you will get your principal back ($30+ interest earnings of 300 for every 6 months you waited.

Here comes my question nani ata explain this thing in simpler term… Especially hapo kwa Primary and secondary… (Help)