CMAC OTC Fees Schedule

ITEM

FEES RFW

FEES USD

MEMBERSHIP:

• STOCKBROCKERS
  

275,000 upon application
320,000 upon admission
160,000 Annually

500
580
290

• DEALERS
  
  

• SPONSORS

COMMISSION:

• EQUITIES
  

1.5%

• BONDS

ADVISORY/SPONSORSHIP FEES
LISTING FEES:

• EQUITIES INITIAL FEE
  
  
  

• ANNUAL LISTING FEES
  
  

• CORPORATE BONDS INITIAL FEE

• ANNUAL LISTING FEES
  
  
  

• TREASURY BONDS INITIAL FEE

• ANNUAL LISTING FEES

Negotiable

Minimum 1,000,000 RFW
Maximum  20,000,000 RFW

Minimum Rwf   2,000,000
Maximum Rwf 20,000,000

Minimum Rwf    1,000,000
Maximum Rwf 10,000,000

Minimum Rwf    1,000,000
Maximum Rwf 10,000,000

Minimum Rwf    1,000,000
Maximum Rwf 10,000,000

Minimum Rwf    1,000,000
Maximum Rwf 10,000,000

1,820
36,365

3,640
36,365

1,820
18,180

1,820
18,180

1,820
18,180

1,820
18,180