The Nairobi Stock Exchange (NSE) is seeking to launch a new bond index, Business Daily reports. The new index will offer investors a reference tool to track the performance of their portfolio of fixed income securities.
The bond index will provide a benchmark in the performance of fixed income portfolios and support tools for decision-making in the fund management process. The new index by the NSE may provide similar information that the NSE 20 Share and the NSE All Share indexes provide to equity investors.
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