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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Intelligentsia wrote:@Maka, I thought this was a fixed coupon, no bidding? Even if the coupon is fixed guys still bid. possunt quia posse videntur
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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maka wrote:Intelligentsia wrote:@Maka, I thought this was a fixed coupon, no bidding? Even if the coupon is fixed guys still bid. I too thought that when the gaamnent says "fixed coupon" then no haggling allowed. I was wrong and seemingly tuko wengi. @maka,are guys placing less than 1M allowed to bid ama if they do that they will automatically disquolified? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Impunity wrote:maka wrote:Intelligentsia wrote:@Maka, I thought this was a fixed coupon, no bidding? Even if the coupon is fixed guys still bid. I too thought that when the gaamnent says "fixed coupon" then no haggling allowed. I was wrong and seemingly tuko wengi. @maka,are guys placing less than 1M allowed to bid ama if they do that they will automatically disquolified? Above 20mio you have to bid....below 20mio it's not a must you can apply at average....but to answer you yes you can put in a competitive bid even at 100k. possunt quia posse videntur
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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What sort of commission do brokers charge when selling a bond?
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Chaka wrote:What sort of commission do brokers charge when selling a bond? 0.00024% lets just say its negligible. possunt quia posse videntur
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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maka wrote:Chaka wrote:What sort of commission do brokers charge when selling a bond? 0.00024% lets just say its negligible. Ok,then they may not be keen to sell small lots?
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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maka wrote:Chaka wrote:What sort of commission do brokers charge when selling a bond? 0.00024% lets just say its negligible.  Check out the comms for 5 mio...but most brokers they have set the minimum as 500 bob...so if you transact 100,000...you will be charged 500 bob possunt quia posse videntur
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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maka wrote:maka wrote:Chaka wrote:What sort of commission do brokers charge when selling a bond? 0.00024% lets just say its negligible. Check out the comms for 5 mio...but most brokers they have set the minimum as 500 bob...so if you transact 100,000...you will be charged 500 bob How do Bond brokers make money then if the commision is so tiny hivi? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Impunity wrote:maka wrote:maka wrote:Chaka wrote:What sort of commission do brokers charge when selling a bond? 0.00024% lets just say its negligible. Check out the comms for 5 mio...but most brokers they have set the minimum as 500 bob...so if you transact 100,000...you will be charged 500 bob How do Bond brokers make money then if the commision is so tiny hivi? Arbitrage.... possunt quia posse videntur
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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maka wrote:Liv wrote:@Maka,
On what basis 12.70 - 13.20?
Market Intel... Like I said...  possunt quia posse videntur
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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maka wrote:maka wrote:Liv wrote:@Maka,
On what basis 12.70 - 13.20?
Market Intel... Like I said...
@Maka,
Excellent...spot on.... Well done.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Liv wrote:maka wrote:maka wrote:Liv wrote:@Maka,
On what basis 12.70 - 13.20?
Market Intel... Like I said...
@Maka,
Excellent...spot on.... Well done.
 Asante...I like the way auctions are done under PN....information dessimantion is equal...everyone knows the results once they posted on the CBK website...a while back things were bad,top brokers knew new offerings and results way ahead of other fellows possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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maka wrote:Liv wrote:maka wrote:maka wrote:Liv wrote:@Maka,
On what basis 12.70 - 13.20?
Market Intel... Like I said...
@Maka,
Excellent...spot on.... Well done.
Asante...I like the way auctions are done under PN....information dessimantion is equal...everyone knows the results once they posted on the CBK website...a while back things were bad,top brokers knew new offerings and results way ahead of other fellows Soo true. The digital team at CBK is switched on
KQ ABP 4.26
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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13.177% is high being all net of tax.
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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GoK is behind schedule in its domestic borrowing targets and they finished paying back their overdraft loan for the last financial year. With external funding proving difficult, there should be lots of activity on this front coupled by an uptick in rates. The main purpose of the stock market is to make fools of as many people as possible.
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