I don't think most people understand the direction Arsenal are taking. The business model has changed.
It's now a den of the fittest and finest. The money is there to buy players and compete. Everything happening is not Arteta's decisions, but he needs to play along or be booted.
The Kroenkes are much more involved now. We hear of it even in transfers. No more lover boy—these are American billionaires; they don't run a charity organization. One way or the other, they'll cash out.
They've tested being the Champions and see a business opportunity in a way they didn't imagine—the global appeal that Arsenal presents, a huge market.
Sit back and watch; we might be building the English Galáctico model. You've got to keep your emotions in check.
What did you think the Vinicus junior thing was all about. Think broadly guys.
Felemelő. Talán ez a szó az, amivel a legtöbben leírják a tegnapi ünnepet.
Jómagam is feltöltődtem ismét hazaszeretetből, nemzeti összetartozásból és mosolyból.
Mindenkinek köszönjük ezt a méltó ünnepet!
Start 2025 in style. The Upcoming Treasury Bonds Auction.
2024 has been a year of having honest investment conversations with an incredible community. I have interacted with many of you in different capacities, and I would like to thank you for enabling this platform to grow into what it is today.
From the Treasury bond world, it has been close to 5 weeks since we last had a treasury bond auction. Next week, the Government, through the Bank of Uganda, will be auctioning off three treasury bonds with a target raise of UGX 990 billion.
The Breakdown
UG12G0907265: 2-Year Treasury bond with a coupon rate of 13.5% and WHT of 20% Maturing in July 2026.
(Last time it auctioned at a cut off yield of 15.75%)
UG0000001533: 5-Year Treasury bond with a coupon rate of 14.25% and WHT of 10% maturing in August 2029.
Yes, this 5 year bond has a withholding tax of 10% because its a reopened bond which was first issued in 2014 as a 15 year bond, and the Treasury re-opened it as a 5 year bond in this calendar year.
It last auctioned at a 16% cut off yield in the primary market.
The 5-year bond pays a coupon every February and August, so investors who already have on their portfolio bonds paying in January and July (The current 20- & 15-year bonds), this 5-year bond might be an attractive option to ladder your bond.
UG12K2306393: 15-Year Treasury bond with a coupon rate of 15.8% and WHT of 10% maturing in June 2039.
The 15 year bond last auctioned off at a cut off yield of 16.75%.
The bond will pay a coupon on January 9, 2025 on the day of the settlement of the Auction, which means anyone who invests on this day will be investing on Day 0 of the next coupon payment which will take place in July 2025 which makes it a good time to buy the bond at a discount and build accrued interest by holding it for a period.
If you want to earn some coupon on January 9, 2025, by investing in the 15-year bond, you will have to buy it on the secondary market and given that it’s about to pay a coupon, it has accumulated significant accrued interest and thus currently trading at a premium across major players.
Happy New Year and Happy Investing Everyone
Alex Kakande
Meeting Cynthia in 2018 was a blessing, as she supported my wife during my recovery in India. Congratulations to the newlyweds on this beautiful journey ahead!
I witnessed the beautiful union of Apollo & Cynthia at Watoto Church, celebrating love that has grown through friendship & compassion. Cheers to a lifetime of happiness for them! From childhood to brotherhood, I’ve shared countless memories with Apollo since our primary 1 in 2000
@Airtel_Ug@Airtel_Ug I have just visited your shop at Victoria mall and they are said they do not have these Mifi’s neither do they know about this offer. What they have is for 100k and no free data
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