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CBK T Bill returns
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kyukkamba
#21 Posted : Monday, September 28, 2015 8:49:09 PM
Rank: Member

Joined: 5/28/2010
Posts: 151
Elephant Man wrote:
@ cucumber...

Do you have an active account with a local commercial bank?

Speak to them about investing in T/bills on your behalf.

They charge a transaction fee of 0.15% of the face value of the T/bill or bond that they purchase on your behalf.



..Yes I do have...I tried with them but they said they don't do such services. Either invest with them or go activate My account at CBK. Their rates are not good. They are almost 4% below CBK. I have another account in KCB let me try them smile I forgot that I have one there..LOL. Anyone tried with KCB?
Ni Uhuru wa Mbesha...Niguo kana tiguo?
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kyukkamba
#22 Posted : Monday, September 28, 2015 9:09:14 PM
Rank: Member

Joined: 5/28/2010
Posts: 151
..I don't understand the need of availing myself at the CBK Physically when the Gava is about to implement the M-Akiba Bonds that will be done totally through Mobile. No one will be visiting the CBK Office. They saw me there when i opened an account niyanini kutaka kuniona tena???
Ni Uhuru wa Mbesha...Niguo kana tiguo?
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enyands
#23 Posted : Monday, September 28, 2015 9:59:51 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
kyukkamba wrote:
..I don't understand the need of availing myself at the CBK Physically when the Gava is about to implement the M-Akiba Bonds that will be done totally through Mobile. No one will be visiting the CBK Office. They saw me there when i opened an account niyanini kutaka kuniona tena???



truly it makes no sense. they just want to see you smile for them in person, you might want to propose skyping to them if that's the problem . this is autocratic bureaucracy. try tweeting them ama call diaspora affairs office if there is something like that , then share what you find out
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  | | Edit by user: Monday, September 28, 2015 10:01 PM | Reason: Not specified
mlennyma
#24 Posted : Monday, September 28, 2015 10:01:30 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
kyukkamba wrote:
..I don't understand the need of availing myself at the CBK Physically when the Gava is about to implement the M-Akiba Bonds that will be done totally through Mobile. No one will be visiting the CBK Office. They saw me there when i opened an account niyanini kutaka kuniona tena???

to me this m-akiba is a good alternative for the money I leave lying in the bank and this is why safcom can marry any bride
"Don't let the fear of losing be greater than the excitement of winning."
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rurinjaa
#25 Posted : Tuesday, September 29, 2015 2:52:20 AM
Rank: New-farer

Joined: 7/10/2013
Posts: 29
kyukkamba wrote:
Elephant Man wrote:
@ cucumber...

Do you have an active account with a local commercial bank?

Speak to them about investing in T/bills on your behalf.

They charge a transaction fee of 0.15% of the face value of the T/bill or bond that they purchase on your behalf.



..Yes I do have...I tried with them but they said they don't do such services. Either invest with them or go activate My account at CBK. Their rates are not good. They are almost 4% below CBK. I have another account in KCB let me try them smile I forgot that I have one there..LOL. Anyone tried with KCB?
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rurinjaa
#26 Posted : Tuesday, September 29, 2015 3:00:02 AM
Rank: New-farer

Joined: 7/10/2013
Posts: 29
@Kyukamba About using KCB,Yes! Last week with 1 Yr. T/Bond, with KCB Diaspora Banking. Talk to Roselyn Kyalo, sweet, easy going and very helpful. She will even return your call ata Diaspora, listen to you and get back to you by email, utaipata ukiamka. Then informs you when the bond/bill has been paid. I'm sure ata CBK email directly to the people dealing with this and you don't have to be there in person. Now you and me lets figure how to do M-Akiba(?). Happy Investing!
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  | | Edit by user: Tuesday, September 29, 2015 3:08 AM | Reason: Not specified
maka
#27 Posted : Tuesday, September 29, 2015 6:37:07 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
kyukkamba wrote:
..I don't understand the need of availing myself at the CBK Physically when the Gava is about to implement the M-Akiba Bonds that will be done totally through Mobile. No one will be visiting the CBK Office. They saw me there when i opened an account niyanini kutaka kuniona tena???


BUT what would be the limit..?Let's say I want to buy anything above MPESA holding balance...I agree the showing up might me an AML measure but it's retrogressive and a hindrance to financial deepening.
possunt quia posse videntur
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Kwanini
#28 Posted : Thursday, October 01, 2015 3:53:05 PM
Rank: Member

Joined: 1/28/2009
Posts: 353
Location: Cloud
Hi good people,

supposing maka had 3m in a maturing issue, can
he roll say 2m face value only, to next issue or he has to wait for the 3m to mature and put a fresh bid for the 2m ?
"For i am the master and the captain of my fate"
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gatoho
#29 Posted : Monday, October 05, 2015 3:41:18 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
rurinjaa wrote:
kyukkamba wrote:
Elephant Man wrote:
@ cucumber...

Do you have an active account with a local commercial bank?

Speak to them about investing in T/bills on your behalf.

They charge a transaction fee of 0.15% of the face value of the T/bill or bond that they purchase on your behalf.



..Yes I do have...I tried with them but they said they don't do such services. Either invest with them or go activate My account at CBK. Their rates are not good. They are almost 4% below CBK. I have another account in KCB let me try them smile I forgot that I have one there..LOL. Anyone tried with KCB?



Coop bank are quite good at this
Foresight..
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gatoho
#30 Posted : Monday, October 05, 2015 3:44:44 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
[quote=amolo]Thanks, guru267 and Scooby. Clarification clear and issue closed.
As for Monomotapa please stop seeing everybody as either a relative of ROA or Ruto or Kenyatta. Some people are simply Kenyan
Foresight..
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  | | Edit by user: Monday, October 05, 2015 4:02 AM | Reason: Not specified
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