Requirements to List on the SME Fixed income Market Segment
| Listing Requirement | Â SME Fixed Income Market Segment | |
| Business operation | At least 2 years | |
| Share capital and net assets | Min. issued and paid-up share cap of KES 10m, net assets of KES 20m | |
| Profitable historic track record |
— Not specified — | |
| No objection – foreign guarantors |
— Not specified — | |
| Rating of debt issue | — Optional — | |
| Issue size and subscription | • Min. issue size of KES 20m, max KES 400m • Min. subscription of KES 10K |
|
| Debt Ratios |
|
|
| Minimum number of bondholders |
— Not specified — | |
| Trust Deed and Trustee | Independent trustee registered with CMA; Trust Deed executed before listing | |
| Audited financial statements | Last 3 accounting periods; not older than 4 months |
Issuances under the SME Fixed Income Market Segment
|
No. |
Issuer |
|
 1.                   |
Real People Kenya Limited – Medium Term Note (MTN) |