wazua Sat, Apr 11, 2026
Welcome Guest Search | Active Topics | Log In

2 Pages12>
Please advice - choice on duration of TBill
Options
Previous Topic · Next Topic
lovely2010
#1 Posted : Sunday, October 16, 2011 7:07:36 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
Is it wise to buy treasury bills for 3 months, 6 months or 1 year?...I did the maths and I think one gains more when buying for three months but due to bank transfers you end up spending a lot. Also time wastage...If you buy for one year you waste less time and also you get bulk interest at once...Im I right?
Back to top
  | | Edit by moderator: Monday, October 17, 2011 7:58 AM | Reason: title clarified; respectfully
youcan'tstopusnow
#2 Posted : Sunday, October 16, 2011 11:02:59 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
With you putting up a minimum of 100k, i doubt the cost of bank transfers would stop you from going for the 3 months T-Bill. And more importantly, 1 year is a long time for macroecomic factors to change. Would you risk having your money tied up for that long while the market recovers?
GOD BLESS YOUR LIFE
Back to top
WWW
  |
lovely2010
#3 Posted : Sunday, October 16, 2011 11:39:45 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
youcan'tstopusnow wrote:
With you putting up a minimum of 100k, i doubt the cost of bank transfers would stop you from going for the 3 months T-Bill. And more importantly, 1 year is a long time for macroecomic factors to change. Would you risk having your money tied up for that long while the market recovers?



According to my bank they charge Ksh.500 to do the transfer if you have a cheque book and 1000 if you dont have the cheque book. I had extra 500k so was wondering if I should do one year or just 3 months...
Back to top
  |
youcan'tstopusnow
#4 Posted : Monday, October 17, 2011 12:03:36 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
lovely2010 wrote:
youcan'tstopusnow wrote:
With you putting up a minimum of 100k, i doubt the cost of bank transfers would stop you from going for the 3 months T-Bill. And more importantly, 1 year is a long time for macroecomic factors to change. Would you risk having your money tied up for that long while the market recovers?



According to my bank they charge Ksh.500 to do the transfer if you have a cheque book and 1000 if you dont have the cheque book. I had extra 500k so was wondering if I should do one year or just 3 months...


I would go for 3 months
GOD BLESS YOUR LIFE
Back to top
WWW
  |
Cde Monomotapa
#5 Posted : Monday, October 17, 2011 6:04:11 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Weuwe...another of Wazua celebrity couples ;-)
Back to top
  |
youcan'tstopusnow
#6 Posted : Monday, October 17, 2011 6:17:56 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
Weuwe...another of Wazua celebrity couples ;-)

Laughing out loudlyDancing with the stars ni lini?
We'll send a special invite to guru+QW
GOD BLESS YOUR LIFE
Back to top
WWW
  |
Cde Monomotapa
#7 Posted : Monday, October 17, 2011 6:20:31 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
I'll concur with @ycsun that U focus on 91 days as the outlook for the real economy is improving. Also ensure to give rollover instructions as whatever rate quoted on the GoK paper is PER ANNUM for example the rate now is15% divided by 365 days.
Back to top
  |
Impunity
#8 Posted : Thursday, October 20, 2011 9:03:35 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
why bank charges?Si then I just deposit directly into CBK account,is this possible?
With an interest of about 3000 for 100K invested for 3 months,deducting 500 or 1000 is unbearable!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
  |
lovely2010
#9 Posted : Thursday, October 20, 2011 11:47:01 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
Impunity wrote:
why bank charges?Si then I just deposit directly into CBK account,is this possible?
With an interest of about 3000 for 100K invested for 3 months,deducting 500 or 1000 is unbearable!


If you do rtgs or eft, bankers cheque, you will definately be charged...unless ur walalo and can walk with lots of money and a gun on your belt...then thats fine...there would be no charges...
Back to top
  |
Impunity
#10 Posted : Friday, October 21, 2011 7:02:56 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
lovely2010 wrote:
Impunity wrote:
why bank charges?Si then I just deposit directly into CBK account,is this possible?
With an interest of about 3000 for 100K invested for 3 months,deducting 500 or 1000 is unbearable!


If you do rtgs or eft, bankers cheque, you will definately be charged...unless ur walalo and can walk with lots of money and a gun on your belt...then thats fine...there would be no charges...


The trasnfer charge should be one way, i.e me sending the CBK bankers cheque or EFT.
On maturity the cost should go to CBK since they will be paying me back my "soft" loan.
So for the case above I expect to be charged not more than Kes.500...

And by the way "member" charges a meagre Kes.100 for all bankers cheque!smile smile
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
  |
2 Pages12>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.