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CBK T Bill returns
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?
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?
enyands
#23 Posted : Monday, September 28, 2015 9:59:51 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
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
mlennyma
#24 Posted : Monday, September 28, 2015 10:01:30 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
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."
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?

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!
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
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"
gatoho
#29 Posted : Monday, October 05, 2015 3:41:18 AM
Rank: Member


Joined: 1/1/2010
Posts: 511
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..
gatoho
#30 Posted : Monday, October 05, 2015 3:44:44 AM
Rank: Member


Joined: 1/1/2010
Posts: 511
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..
gatoho
#31 Posted : Monday, October 05, 2015 3:47:12 AM
Rank: Member


Joined: 1/1/2010
Posts: 511
Location: kandara, Murang'a
kyukkamba wrote:
Impunity wrote:
kyukkamba wrote:
..am out of the country and my account with CBK is frozen. Is there a way to re-activate it while am outside the country? want to invest in TB.


How did you know your account is frozen while mayuu?



...I sent an application for a fresh request and got a reply that the account is frozen...CBK sent me a CBK Site link on how to re-activate. but
condition I must be there... was just thinking if it's possible to do it from abroad.

It's possible if you explain. I opened mine without stepping in there
Foresight..
Impunity
#32 Posted : Tuesday, October 06, 2015 6:45:50 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
I there a way of entering the auction without going to the CBK premises?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

enyands
#33 Posted : Tuesday, October 06, 2015 7:02:03 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
When are they closing does anyone have idea when they're closing
kasibitta
#34 Posted : Wednesday, October 07, 2015 9:31:58 AM
Rank: Member


Joined: 2/7/2014
Posts: 155
enyands wrote:
When are they closing does anyone have idea when they're closing


If it is the Tbill, its wednesday(today) for the 182 and 364 days bills and Thursday for the 91 day bill.

Information is available on the CBK website or on the published results in the newspaper.
enyands
#35 Posted : Wednesday, October 07, 2015 9:40:03 AM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
kasibitta wrote:
enyands wrote:
When are they closing does anyone have idea when they're closing


If it is the Tbill, its wednesday(today) for the 182 and 364 days bills and Thursday for the 91 day bill.

Information is available on the CBK website or on the published results in the newspaper.


Thanks though I won't make it I'm last person guy
Impunity
#36 Posted : Wednesday, October 07, 2015 11:02:14 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
are the rates likely to go down anytime soon?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

cnn
#37 Posted : Wednesday, October 07, 2015 7:29:03 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
Impunity wrote:
are the rates likely to go down anytime soon?

The 364 say at 21.498% and 182 day at 21.6% in todays auction.
alutacontinua
#38 Posted : Wednesday, October 07, 2015 7:31:57 PM
Rank: Member


Joined: 3/23/2011
Posts: 304
@impunity i dont think so....just had a look at the results of the 182 and 364 day t-bills for this week and they have surged again

182 weighted average was 21.607% (Up 1.276%)
364 weighted average was 21.489% (Up 0.803%)


https://www.centralbank....0dated%2012.10.2015.pdf

What i keep finding interesting is the subscription rate.....This time round it was 142% for the 182 and a massive 316% for the 364 day.

You dont have to be great to START but you have to start to be GREAT!!!!!!!!
KulaRaha
#39 Posted : Wednesday, October 07, 2015 7:40:44 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
alutacontinua wrote:
@impunity i dont think so....just had a look at the results of the 182 and 364 day t-bills for this week and they have surged again

182 weighted average was 21.607% (Up 1.276%)
364 weighted average was 21.489% (Up 0.803%)


https://www.centralbank....0dated%2012.10.2015.pdf

What i keep finding interesting is the subscription rate.....This time round it was 142% for the 182 and a massive 316% for the 364 day.



And how much did they accept?
Business opportunities are like buses,there's always another one coming
snipermnoma
#40 Posted : Wednesday, October 07, 2015 7:42:39 PM
Rank: Member


Joined: 1/3/2014
Posts: 257
Now that the subscription rate on the longer 182 and 364 is rising, if 91 day subscription remains the same or higher, it means even liquidity will be further reduced. That is not a good sign for stocks. However it is a good sign that T-bill rates will remain high for now.
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