Table of Contents
1. Introduction ……………………………………………………………………………………………………………. 1
2. Literature Review……………………………………………………………………………………………………. 4
2.1 Literature Introduction ………………………………………………………………………………………… 4
2.2 Sources of finance…. …………………………………………………………………………………………. 4
2.3 Growth and development of Uganda’s capital markets……………………………………………. 7
2.4 The Bond Issuance process………………………………………………………………………………….. 8
2.5 Regulation and taxation framework ……………………………………………………………………. 13
2.6 The benchmark yield curve ……………………………………………………………………………….. 15
2.7 Literature Conclusion ……………………………………………………………………………………….. 18
3. Methodology ………………………………………………………………………………………………………… 19
3.1 Methodology Introduction …………………………………………………………………………………. 19
3.2 Research Design….. …………………………………………………………………………………………. 19
3.3 Data Collection Instruments ………………………………………………………………………………. 25
3.4 Data Analysis Procedures ………………………………………………………………………………….. 26
3.5 Research Ethics………………………………………………………………………………………………. 26
3.6 Limitations of the Methodology …………………………………………………………………………. 27
4. Research Findings …………………………………………………………………………………………………. 29
5. Discussion ……………………………………………………………………………………………………………. 33
6. Conclusions / Recommendations …………………………………………………………………………….. 42
7. Reflection …………………………………………………………………………………………………………….. 45
References ……………………………………………………………………………………………………………….. 48
