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M-Akiba treasury bonds via mobile
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muganda
#1 Posted : Monday, September 28, 2015 11:41:43 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Hot on the heels of news that you can now buy TBills via mobile phone, the cash-starved government now offers the first-of-a-kind tax-free Treasury Bond on mobile.

From 21 Oct
Payable semi-annually
Only ID details needed
dial *889#

What is the Interest rate?
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maka
#2 Posted : Monday, September 28, 2015 11:46:37 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
We are currently experiencing errors...
possunt quia posse videntur
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alutacontinua
#3 Posted : Monday, September 28, 2015 11:50:01 AM
Rank: Member

Joined: 3/23/2011
Posts: 304
The Treasury in partnership with Safaricom, NSE & CDSC today launch M-Akiba. Minimum amount is Ksh. 3000 and the interest is to be paid semi-annually.

GoK now focussed on domestic borrowing as it has become too expensive to borrow offshore.
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
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muganda
#4 Posted : Monday, September 28, 2015 11:54:02 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
maka wrote:
We are currently experiencing errors...

Clearly, as per @masukuma's post, you are the classic early adopter. You might have to wait a month smile
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Aguytrying
#5 Posted : Monday, September 28, 2015 12:12:29 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
This is an awesome product, truly bringing the services closer to the people.
The investor's chief problem - and even his worst enemy - is likely to be himself
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Othelo
#6 Posted : Monday, September 28, 2015 12:20:22 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
muganda wrote:
maka wrote:
We are currently experiencing errors...

Clearly, as per @masukuma's post, you are the classic early adopter. You might have to wait a month smile



You have killed me. Mimi ni team 16% after people have already eaten and confirmed ukweli yake!!! Laughing out loudly
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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  | | Edit by user: Monday, September 28, 2015 12:22 PM | Reason: Not specified
Impunity
#7 Posted : Monday, September 28, 2015 1:24:46 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
alutacontinua wrote:
The Treasury in partnership with Safaricom, NSE & CDSC today launch M-Akiba. Minimum amount is Ksh. 3000 and the interest is to be paid semi-annually.

GoK now focussed on domestic borrowing as it has become too expensive to borrow offshore.


Where is that rink on how to but T-Bills via Mobile?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Cornelius Vanderbilt
#8 Posted : Monday, September 28, 2015 1:44:06 PM
Rank: Member

Joined: 8/15/2015
Posts: 817
maka wrote:
We are currently experiencing errors...



itsnot a kenyan product until....
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Cornelius Vanderbilt
#9 Posted : Monday, September 28, 2015 1:46:13 PM
Rank: Member

Joined: 8/15/2015
Posts: 817
alutacontinua wrote:
The Treasury in partnership with Safaricom, NSE & CDSC today launch M-Akiba. Minimum amount is Ksh. 3000 and the interest is to be paid semi-annually.

GoK now focussed on domestic borrowing as it has become too expensive to borrow offshore.


i thought they were already borrowing allot domestically!
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mlennyma
#10 Posted : Monday, September 28, 2015 1:53:10 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Should we expect people to flock in like kengen ipo times?the interest rate is the key
"Don't let the fear of losing be greater than the excitement of winning."
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  | | Edit by user: Monday, September 28, 2015 1:54 PM | Reason: Not specified
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