The Rwanda National Investment Trust (RNIT) Iterambere Fund Initial Public Offering (IPO) issuance has realised over Rwf1 billion.

The local bourse closed Friday with marginal sales compared to the previous week, the Rwanda Stock Exchange (RSE) market report for week ended October 28 shows.

Rwanda National Investment Trust Ltd (RNIT), a company fully owned by the Government of Rwanda launched on Tuesday RNIT Iterambere Fund - an open end balanced fund to facilitate Rwandans to have a planned approach to investments and wealth creation.

The Rwanda Stock Exchange (RSE) picked from a low start on Monday to push a total of 10,100 shares across three counters – Bank of Kigali, Bralirwa, and Crystal Telecom.