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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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Angelica _ann wrote:AndyC wrote:Tap sale is here. 10 billion on offer In the tap sale does the interest automatically become 13.177% pa Coupon rate is 12% for every Shs 100 face value. But you will be expected to pay Shs 93.529 for each Shs 100 you apply for. So the yield remains 13.177% for tap sales.
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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AndyC wrote:Tap sale is here. 10 billion on offer How do I get the tap sale? 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:AndyC wrote:Tap sale is here. 10 billion on offer How do I get the tap sale? Just normal way bro.... possunt quia posse videntur
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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shocks wrote:Chaka wrote:Just wondering as follows:
Lets just say that for the 30b bond,some loaded investors conspire and "rig" the auction(this should be possible in this era of groups)such that say for 20b,the bids are all at 15%.What would CBK do?Would it cancel that auction? Can't answer what CBK would do, but thos has occured in USA and UK It depends on how had pressed government is for cash they can cancel....but without proper proof it's hard to tell. possunt quia posse videntur
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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Liv wrote:Angelica _ann wrote:AndyC wrote:Tap sale is here. 10 billion on offer In the tap sale does the interest automatically become 13.177% pa Coupon rate is 12% for every Shs 100 face value. But you will be expected to pay Shs 93.529 for each Shs 100 you apply for. So the yield remains 13.177% for tap sales. Confirm this: So if I put say Kes. 1,000,000 I will be required to pay Kes.935,290 while still enjoy Kes.120,000 pa being 12% coupon rate? And at redemption I will get back Kes. 935,290 and NOT Kes. 1,00,000? Hii mambo ya Bond wengi tuko @Avogadros! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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maka wrote:Impunity wrote:AndyC wrote:Tap sale is here. 10 billion on offer How do I get the tap sale? Just normal way bro.... By normal way you mean through my broker? @Wil come to this sato's mbuzi chewing?  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Impunity wrote:Liv wrote:Angelica _ann wrote:AndyC wrote:Tap sale is here. 10 billion on offer In the tap sale does the interest automatically become 13.177% pa Coupon rate is 12% for every Shs 100 face value. But you will be expected to pay Shs 93.529 for each Shs 100 you apply for. So the yield remains 13.177% for tap sales. Confirm this: So if I put say Kes. 1,000,000 I will be required to pay Kes.935,290 while still enjoy Kes.120,000 pa being 12% coupon rate? And at redemption I will get back Kes. 935,290 and NOT Kes. 1,00,000? Hii mambo ya Bond wengi tuko @Avogadros! During Mbuzi, before maji enters majority, we need a presentation by @maka and @Liv on this bond business.  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 4/21/2015 Posts: 151
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Angelica _ann wrote:Impunity wrote:Liv wrote:Angelica _ann wrote:AndyC wrote:Tap sale is here. 10 billion on offer In the tap sale does the interest automatically become 13.177% pa Coupon rate is 12% for every Shs 100 face value. But you will be expected to pay Shs 93.529 for each Shs 100 you apply for. So the yield remains 13.177% for tap sales. Confirm this: So if I put say Kes. 1,000,000 I will be required to pay Kes.935,290 while still enjoy Kes.120,000 pa being 12% coupon rate? CorrectAnd at redemption I will get back Kes. 935,290 and NOT Kes. 1,00,000? At redemption you get 1M The difference as a discount.
Hii mambo ya Bond wengi tuko [color=red]@Avogadros! During Mbuzi, before maji enters majority, we need a presentation by @maka and @Liv on this bond business.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Impunity wrote:Liv wrote:Angelica _ann wrote:AndyC wrote:Tap sale is here. 10 billion on offer In the tap sale does the interest automatically become 13.177% pa Coupon rate is 12% for every Shs 100 face value. But you will be expected to pay Shs 93.529 for each Shs 100 you apply for. So the yield remains 13.177% for tap sales. Confirm this: So if I put say Kes. 1,000,000 I will be required to pay Kes.935,290 while still enjoy Kes.120,000 pa being 12% coupon rate? And at redemption I will get back Kes. 935,290 and NOT Kes. 1,00,000? Hii mambo ya Bond wengi tuko @Avogadros! You will get paid 1 mio on FV that you applied for...Mbuzi noma have a wedding but we will see... possunt quia posse videntur
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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Does CBK send CDS statements to investors?
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