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Treasury Bills and Bonds
Taurrus
#581 Posted : Thursday, February 23, 2017 8:06:49 AM
Rank: Member

Joined: 8/25/2015
Posts: 839
Location: Kite
Ericsson wrote:
CBK only accepted sh.6bn out of 30bn
Uhurunomics tactics screwed this country


Wanted 30B
Offered 35B
Took 6B
kwani hii biz huenda aje?d'oh!
Liv
#582 Posted : Thursday, February 23, 2017 9:04:44 AM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
Tap sale coming soon
AndyC
#583 Posted : Thursday, February 23, 2017 9:09:20 AM
Rank: Member

Joined: 4/21/2015
Posts: 151
Liv wrote:
Tap sale coming soon


Pray it comes in April
maka
#584 Posted : Thursday, February 23, 2017 9:33:17 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Taurrus wrote:
Ericsson wrote:
CBK only accepted sh.6bn out of 30bn
Uhurunomics tactics screwed this country


Wanted 30B
Offered 35B
Took 6B
kwani hii biz huenda aje?d'oh!


I agree @Ericsonn totally effed up market...@Taurus the governor said he is not taking anymore expensive cash from investors...if your bid was way off the yield curve pole kwako it gets rejected...problem is we will have to borrow externally...
possunt quia posse videntur
snipermnoma
#585 Posted : Thursday, February 23, 2017 9:51:08 AM
Rank: Member

Joined: 1/3/2014
Posts: 257
maka wrote:
Taurrus wrote:
Ericsson wrote:
CBK only accepted sh.6bn out of 30bn
Uhurunomics tactics screwed this country


Wanted 30B
Offered 35B
Took 6B
kwani hii biz huenda aje?d'oh!


I agree @Ericsonn totally effed up market...@Taurus the governor said he is not taking anymore expensive cash from investors...if your bid was way off the yield curve pole kwako it gets rejected...problem is we will have to borrow externally...


Wow. That is a huge amount that was not accepted. These rejected funds can be chanelled through either a TAP sale or another bond or the bills. If not then borrow externally. We wait and see...
Pesa Nane
#586 Posted : Thursday, February 23, 2017 10:02:44 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Ericsson wrote:
CBK only accepted sh.6bn out of 30bn
Uhurunomics tactics screwed this country


maka wrote:
I agree @Ericsonn totally effed up market...@Taurus the governor said he is not taking anymore expensive cash from investors...if your bid was way off the yield curve pole kwako it gets rejected...problem is we will have to borrow externally...

Sorry but I see prudence.
On a personal level, would you pick any money thrown at you at exorbitant rates?
Remember only 600 liquid Kenyans want to 'extort' treasury and (over) profit on the backs of 41 million tax payers.

Disclaimer: I quoted 14.000% and anxiously awaiting my fate Laughing out loudly Laughing out loudly
Pesa Nane plans to be shilingi when he grows up.
maka
#587 Posted : Thursday, February 23, 2017 10:56:33 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Pesa Nane wrote:
Ericsson wrote:
CBK only accepted sh.6bn out of 30bn
Uhurunomics tactics screwed this country


maka wrote:
I agree @Ericsonn totally effed up market...@Taurus the governor said he is not taking anymore expensive cash from investors...if your bid was way off the yield curve pole kwako it gets rejected...problem is we will have to borrow externally...

Sorry but I see prudence.
On a personal level, would you pick any money thrown at you at exorbitant rates?
Remember only 600 liquid Kenyans want to 'extort' treasury and (over) profit on the backs of 41 million tax payers.

Disclaimer: I quoted 14.000% and anxiously awaiting my fate Laughing out loudly Laughing out loudly


14% umepata hiyo...but look at it this way we borrow externally putting pressure on the shilling...any depreciation on the Kshs vs the dollar piles unnecessary pressure on the treasury guys...
possunt quia posse videntur
wukan
#588 Posted : Thursday, February 23, 2017 11:02:24 AM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
Pesa Nane wrote:
Ericsson wrote:
CBK only accepted sh.6bn out of 30bn
Uhurunomics tactics screwed this country


maka wrote:
I agree @Ericsonn totally effed up market...@Taurus the governor said he is not taking anymore expensive cash from investors...if your bid was way off the yield curve pole kwako it gets rejected...problem is we will have to borrow externally...

Sorry but I see prudence.
On a personal level, would you pick any money thrown at you at exorbitant rates?
Remember only 600 liquid Kenyans want to 'extort' treasury and (over) profit on the backs of 41 million tax payers.

Disclaimer: I quoted 14.000% and anxiously awaiting my fate Laughing out loudly Laughing out loudly


Interest rate refers to the rate at which you pull capital. If capital is limited then you pay a higher rate to pull capital. Govt is pulling capital at 13.55%. It's a market based on auction willing buyer willing seller.

So What you talking about brod'oh! d'oh! d'oh! damn economics should be made a compulsory subject in high school.
maka
#589 Posted : Thursday, February 23, 2017 11:19:53 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
maka wrote:
Pesa Nane wrote:
Ericsson wrote:
CBK only accepted sh.6bn out of 30bn
Uhurunomics tactics screwed this country


maka wrote:
I agree @Ericsonn totally effed up market...@Taurus the governor said he is not taking anymore expensive cash from investors...if your bid was way off the yield curve pole kwako it gets rejected...problem is we will have to borrow externally...

Sorry but I see prudence.
On a personal level, would you pick any money thrown at you at exorbitant rates?
Remember only 600 liquid Kenyans want to 'extort' treasury and (over) profit on the backs of 41 million tax payers.

Disclaimer: I quoted 14.000% and anxiously awaiting my fate Laughing out loudly Laughing out loudly


14% umepata hiyo...but look at it this way we borrow externally putting pressure on the shilling...any depreciation on the Kshs vs the dollar piles unnecessary pressure on the treasury guys...


Pole umehata...iza bro.
possunt quia posse videntur
actuarywahisa
#590 Posted : Thursday, February 23, 2017 11:39:27 AM
Rank: Member

Joined: 5/21/2014
Posts: 184
wukan wrote:
Pesa Nane wrote:
Ericsson wrote:
CBK only accepted sh.6bn out of 30bn
Uhurunomics tactics screwed this country


maka wrote:
I agree @Ericsonn totally effed up market...@Taurus the governor said he is not taking anymore expensive cash from investors...if your bid was way off the yield curve pole kwako it gets rejected...problem is we will have to borrow externally...

Sorry but I see prudence.
On a personal level, would you pick any money thrown at you at exorbitant rates?
Remember only 600 liquid Kenyans want to 'extort' treasury and (over) profit on the backs of 41 million tax payers.

Disclaimer: I quoted 14.000% and anxiously awaiting my fate Laughing out loudly Laughing out loudly


Interest rate refers to the rate at which you pull capital. If capital is limited then you pay a higher rate to pull capital. Govt is pulling capital at 13.55%. It's a market based on auction willing buyer willing seller.

So What you talking about brod'oh! d'oh! d'oh! damn economics should be made a compulsory subject in high school.


When someone gives you an offer you consider exhorbitant you have the right to reject it and then hopefully they reduce their price.
There are too many opportunities all around. Open your eyes and maybe you'll spot one
173 Pages«<5758596061>»
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