Is this the best bond on offer currently?

yes....
Now how do I post it?

Handsome payment. On the flip side why a high interest rate payout? Liquidity squeeze? This points to a robust money market trend shift. Equities to feel this capital flight squeeze. Are lending rates about to spike? Looks likely.

I don't think this is a good buy in comparison to the Centum Bond. Here's why:

Chase Bank is offering 13.1% for a 7 (SEVEN) year bond, while Centum is offering 13% for a 5 (FIVE) year bond, in addition Centum is offering Equity Linked Notes! giving bond holders a chance to participate in their equity upside based on NAV.

The pricing is done off the Govt T bond rates

The current rate for a 7 year Bond (per NSE Yield Curve on 15th May 2015) is 12.16% which means Chase have priced at just 94 Basis Points above this rate

The current rate for a 5 year Bond (per NSE Yield Curve on 15th May 2015) is 11.7% which means Centum have priced at a cool 130 basis points above the govt yield

So you tell me which is the better buy

@chaka take that 100,000 go buy safaricom shares or one of the most stable doing well businesses on nse and forget about it completely and go get your equity after 4yrs .The returns I'm sure will give yyou more rreturns than bbond's . Bonds are reasonable for pension schemes that plan payment after a certain number employees retire and have to play safe with their money . TThat's just me hhow no see it ........