NSE gets green light to run over-the-counter bond deals

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Geoffrey Odundo, the chief executive officer of Nairobi Securities Exchange at a past event. PHOTO | BILLY OGADA | NMG

The Nairobi Securities Exchange (NSE) has received regulatory approvals to run over-the-counter (OTC) bond dealings alongside the existing onscreen trading.

In OTC trades, bond buyers and sellers deal with one another directly, including negotiating prices.

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