Impunity wrote:KulaRaha wrote:maka wrote:Ericsson wrote:Why should a bank loan to a risky individual like you and me at 14% ?
No reason at all....
No reason whatsoever when GoK is paying 13%.
Then investing in treasury bills / bonds will no longer look lucrative for middle class @wanjiku.
GOK borrowing rates are falling steeply.. Banks had better book long term with GOK, force liquidity crisis to the common man hence rise in CBR
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21