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M-Akiba treasury bonds via mobile
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Impunity
#61 Posted : Monday, October 26, 2015 9:28:29 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
kyt wrote:
Clueless government and guys in the treasury, we are messed up as a country really messed up!!


Eti that @Henry Rotich is a Havard graduate? Havard my foot!!!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Aguytrying
#62 Posted: : Tuesday, October 27, 2015 3:13:53 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
cancelled indefinitely

http://www.nation.co.ke/...90/-/w5xyar/-/index.html
The investor's chief problem - and even his worst enemy - is likely to be himself
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Bigchick
#63 Posted : Tuesday, October 27, 2015 3:28:25 PM
Rank: Elder

Joined: 2/8/2013
Posts: 4,068
Location: At Large.
Aguytrying wrote:
cancelled indefinitely

http://www.nation.co.ke/...0/-/w5xyar/-/index.html



Some sober advise coming their way.I think its ok for now.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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  | | Edit by moderator: Tuesday, March 21, 2017 6:53 PM | Reason: url spacing
Sober
#64 Posted : Tuesday, October 27, 2015 4:20:56 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
my brokerage firm sent me this:

The prevailing high interest rates & clearance issue with Nairobi Securities Exchange have been sighted as reason to delay in launching the M-Akiba product.


Kenyan Government had intended to offer the 5 billion, 5 year retail bond at the end of October 2015. With interest rates recording 22.95% last week, the government is waiting to see how the rates in the market behave before setting an appropriate date.


We shall keep you abreast of any new developments

African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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obiero
#65 Posted : Tuesday, October 27, 2015 5:48:27 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,289
Location: nairobi
Sober wrote:
my brokerage firm sent me this:

The prevailing high interest rates & clearance issue with Nairobi Securities Exchange have been sighted as reason to delay in launching the M-Akiba product.


Kenyan Government had intended to offer the 5 billion, 5 year retail bond at the end of October 2015. With interest rates recording 22.95% last week, the government is waiting to see how the rates in the market behave before setting an appropriate date.


We shall keep you abreast of any new developments


Amen. Hii kitu ishindwe kabisa. Wanjiku should be at NSE lifing private sector, not the often corrupt GoK
COOP, IMH, KEGN, KQ, MTNU
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sl8r
#66 Posted : Wednesday, October 28, 2015 10:55:57 AM
Rank: New-farer

Joined: 5/20/2010
Posts: 69
Are these government bonds even 'risk free' anymore?
the question that has been eating up my brain is 'How do you borrow more money to pay off another loan??? HOW? HOW???????
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MA
#67 Posted : Wednesday, October 28, 2015 11:53:45 AM
Rank: Hello

Joined: 10/28/2015
Posts: 1
Location: Kenya
M-Akiba is revolutionary

We all agree that interest rates maybe a bit on the higher side and that everything is not really going as all would like it to be. But an objective look will tell you that M-Akiba is revolutionary
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  | | Edit by moderator: Wednesday, October 28, 2015 12:23 PM | Reason: topics merged
muganda
#68 Posted : Wednesday, October 28, 2015 12:23:12 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
MA wrote:
We all agree that interest rates maybe a bit on the higher side and that everything is not really going as all would like it to be. But an objective look will tell you that M-Akiba is revolutionary

This revolution cannot happen as Treasury sleeps.
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jerry
#69 Posted : Wednesday, October 28, 2015 12:45:49 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
sl8r wrote:
Are these government bonds even 'risk free' anymore?
the question that has been eating up my brain is 'How do you borrow more money to pay off another loan??? HOW? HOW???????

It happens everyday. You take M-SHWARI to repay KCB MPESA and vice versa!
The opposite of courage is not cowardice, it's conformity.
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Sober
#70 Posted : Wednesday, October 28, 2015 1:07:21 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
obiero wrote:
Sober wrote:
my brokerage firm sent me this:

The prevailing high interest rates & clearance issue with Nairobi Securities Exchange have been sighted as reason to delay in launching the M-Akiba product.


Kenyan Government had intended to offer the 5 billion, 5 year retail bond at the end of October 2015. With interest rates recording 22.95% last week, the government is waiting to see how the rates in the market behave before setting an appropriate date.


We shall keep you abreast of any new developments


Amen. Hii kitu ishindwe kabisa. Wanjiku should be at NSE lifing private sector, not the often corrupt GoK


Please note they have stipulated that it is a delay and not cancellation. Does it mean the GOK did not iron out all the issues before rolling out this M-Akiba thing. Transaction advisors should be put on the spot because they failed in not highlighting the black spots in the dealSad Sad
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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