Business Watch: Breaking down the bond

Date: 
Tuesday, August 9, 2016 - 22:30

Republic bank says the $2bn government bond that the bank issued in June, was sold to a range of institutional investors through private placement and that it kept some of the bonds for its own investments.

Also, Unilever records a higher after-tax profit but says the uncertainty in the local economy is a major challenge in doing business.

Judy Kanhai has Business Watch.