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Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite
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Sorry, this is for T bill 2123 https://www.centralbank....0dated%2015.05.2017.pdf
My maths with above % and what CBK is asking is different . why l seem not to get.WT @15%[/quote] Rephrase...and note that WTH for bonds 10 years and above is 15%... [/quote] The result for T bill[2123] 364 days with weighted average interest of 10.929%,now assuming the coupon value is 100,000/- how much is one supposed to pay CBK inclusive WT?
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Rephrase...and note that WTH for bonds 10 years and above is 15%... [/quote] The result for T bill[2123] 364 days with weighted average interest of 10.929%,now assuming the coupon value is 100,000/- how much is one supposed to pay CBK inclusive WT?[/quote] 90,710.35 or the nearest answer  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: 8/25/2015 Posts: 839 Location: Kite
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Angelica _ann wrote:Rephrase...and note that WTH for bonds 10 years and above is 15%... The result for T bill[2123] 364 days with weighted average interest of 10.929%,now assuming the coupon value is 100,000/- how much is one supposed to pay CBK inclusive WT?[/quote] 90,710.35 or the nearest answer [/quote] Thought so but Why then 91,646.20?
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Taurrus wrote:Angelica _ann wrote:Taurrus wrote:Angelica _ann wrote:Rephrase...and note that WTH for bonds 10 years and above is 15%... The result for T bill[2123] 364 days with weighted average interest of 10.929%,now assuming the coupon value is 100,000/- how much is one supposed to pay CBK inclusive WT? 90,710.35 or the nearest answer Why then 91,646.20? Settlement Price = Clean Price (Ksh. 90.172) + Accrued Interest. Find the accrued interest from the bill prospectus Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Pesa Nane wrote:Taurrus wrote:Angelica _ann wrote:Taurrus wrote:Angelica _ann wrote:Rephrase...and note that WTH for bonds 10 years and above is 15%... The result for T bill[2123] 364 days with weighted average interest of 10.929%,now assuming the coupon value is 100,000/- how much is one supposed to pay CBK inclusive WT? 90,710.35 or the nearest answer Why then 91,646.20? Settlement Price = Clean Price (Ksh. 90.172) + Accrued Interest. Find the accrued interest from the bill prospectus Si thats same as dirty price...  possunt quia posse videntur
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Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite
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Pesa Nane wrote:Taurrus wrote:Angelica _ann wrote:Taurrus wrote:Angelica _ann wrote:Rephrase...and note that WTH for bonds 10 years and above is 15%... The result for T bill[2123] 364 days with weighted average interest of 10.929%,now assuming the coupon value is 100,000/- how much is one supposed to pay CBK inclusive WT? 90,710.35 or the nearest answer Why then 91,646.20? Settlement Price = Clean Price (Ksh. 90.172) + Accrued Interest. Find the accrued interest from the bill prospectus Ghai! nothing straight forward where money is concerned ! 
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Taurrus wrote:Pesa Nane wrote:Taurrus wrote:Angelica _ann wrote:Taurrus wrote:Angelica _ann wrote:Rephrase...and note that WTH for bonds 10 years and above is 15%... The result for T bill[2123] 364 days with weighted average interest of 10.929%,now assuming the coupon value is 100,000/- how much is one supposed to pay CBK inclusive WT? 90,710.35 or the nearest answer Why then 91,646.20? Settlement Price = Clean Price (Ksh. 90.172) + Accrued Interest. Find the accrued interest from the bill prospectus Ghai! nothing straight forward where money is concerned ! Its quite straight forward. Place the prospectus here we do the math. Pesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite
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Pesa Nane wrote:Taurrus wrote:Pesa Nane wrote:Taurrus wrote:Angelica _ann wrote:Taurrus wrote:Angelica _ann wrote:Rephrase...and note that WTH for bonds 10 years and above is 15%... The result for T bill[2123] 364 days with weighted average interest of 10.929%,now assuming the coupon value is 100,000/- how much is one supposed to pay CBK inclusive WT? 90,710.35 or the nearest answer Why then 91,646.20? Settlement Price = Clean Price (Ksh. 90.172) + Accrued Interest. Find the accrued interest from the bill prospectus Ghai! nothing straight forward where money is concerned ! Its quite straight forward. Place the prospectus here we do the math. T Bills ziko na prospectus kweli? forgive am newbie !! results here https://www.centralbank....20dated%2015.05.2017.pdf
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Taurrus wrote:Pesa Nane wrote:Taurrus wrote:Pesa Nane wrote:Taurrus wrote:Angelica _ann wrote:Taurrus wrote:Angelica _ann wrote:Rephrase...and note that WTH for bonds 10 years and above is 15%... The result for T bill[2123] 364 days with weighted average interest of 10.929%,now assuming the coupon value is 100,000/- how much is one supposed to pay CBK inclusive WT? 90,710.35 or the nearest answer Why then 91,646.20? Settlement Price = Clean Price (Ksh. 90.172) + Accrued Interest. Find the accrued interest from the bill prospectus Ghai! nothing straight forward where money is concerned ! Its quite straight forward. Place the prospectus here we do the math. T Bills ziko na prospectus kweli? forgive am newbie !! results here https://www.centralbank....0dated%2015.05.2017.pdf My pardon for that. Assumed we were talking T-BONDS. For T-Bond, now you know. Back to your T-BILL. Settlement Price = Quote Price + Tax (15%) TAx = 15% of discount amount (Face value less quote price) Settlement = Ksh 90,172 + {15% of (100,000 - 90,172)} Settlement = Ksh 90,172 + (15% of 9,828) Settlement = Ksh 90,172 + 1,474.20 Settlement = Ksh 91,646.20Mystery solved! Pesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite
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And how did you get 90 172?
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