Government And Corporate Bonds

Governments and corporations at periodic times issue Bonds in order to raise funds for a variety of projects and activities.

As bond trustees, we represent the interest of bondholders by ensuring that the requirements and terms of the Trust Deed are implemented.

With respect to Government Bonds, our duties involve holding the security and performing the administrative functions required under the conditions for the bond in line with the laws.

Our roles in respect of Bond issues include;

  • Establishing the accounts related to the bonds.
  • Invoicing the Issuer for the debt service payments and holding funds until dispersed.
  • Maintaining a list of bond holders.
  • Representing the interests of bondholders in the event of a default.
  • Managing the sinking fund
  • Any other function as may be necessary to achieve identified objectives.