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Treasury Bills and Bonds
Angelica _ann
#721 Posted : Thursday, May 18, 2017 2:29:52 PM
Rank: Elder


Joined: 12/7/2012
Posts: 7,748
maka wrote:
Pesa Nane wrote:
maka wrote:
Taurrus wrote:
maka wrote:
maka wrote:

FXD 2/2010/10 and FXD1/2009/15



@Maka interest ya 9.3% na 12.5% taxed ni poa for such a long time ?


Ummmh No...


Your yield will be much higher than the 9.3% interest since you are buying at a lower price and not at par. Simplified,..... you will only pay 92K BUT interest calculation will be 9.3% of 100K.


9.3/92.093 * 100 = 10.09 Net 10.09*0.9 = 9.0886


Avogadro Sad Sad Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Taurrus
#722 Posted : Thursday, May 18, 2017 6:27:59 PM
Rank: Member


Joined: 8/25/2015
Posts: 682
Location: Kite
We need some class here!
But we will know as we go cause buying we must!
MatataMingi
#723 Posted : Monday, June 12, 2017 11:30:41 AM
Rank: Member


Joined: 11/17/2009
Posts: 317
Location: Where everyone knows you
Latest T-Bond on Offer:

- Re-0pen 15 year bond FXD2/2007/15
- 4.96 years remaining
- Value Date 26/6/17
- Due Date 6/6/22
- Coupon rate 13.50%
- Withholding Tax 10%.

Looks good.

What do you guys think will be the quoted yield / price per 100/=

Happy investing
maka
#724 Posted : Monday, June 12, 2017 12:00:07 PM
Rank: Elder


Joined: 4/22/2010
Posts: 10,169
Location: Nairobi
MatataMingi wrote:
Latest T-Bond on Offer:

- Re-0pen 15 year bond FXD2/2007/15
- 4.96 years remaining
- Value Date 26/6/17
- Due Date 6/6/22
- Coupon rate 13.50%
- Withholding Tax 10%.

Looks good.

What do you guys think will be the quoted yield / price per 100/=

Happy investing


105-107...it will come in at a premium...
possunt quia posse videntur
KulaRaha
#725 Posted : Monday, June 12, 2017 12:18:17 PM
Rank: Elder


Joined: 7/26/2007
Posts: 5,981
You'll get coupon rate, maybe 13.75% max.
Business opportunities are like buses,there's always another one coming
Pesa Nane
#726 Posted : Monday, June 12, 2017 1:49:12 PM
Rank: Elder


Joined: 5/25/2012
Posts: 3,378
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Chaka
#727 Posted : Tuesday, June 13, 2017 11:37:38 AM
Rank: Veteran


Joined: 2/16/2007
Posts: 1,866
Can someone tell me whether I can use the CDS account I have with the CDSC to purchase a gov.bond or I still have to open one at the CBK?
Ebenyo
#728 Posted : Tuesday, June 13, 2017 1:09:54 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 958
Location: Kitale
Chaka wrote:
Can someone tell me whether I can use the CDS account I have with the CDSC to purchase a gov.bond or I still have to open one at the CBK?


currently you cant use the cds account of cdsc to purchase bond.you will have to open a new cds account with cbk specifically for bonds.But there are plans to merge the two so in future they will be one.
Dont work for money.Let your money work for you.
maka
#729 Posted : Wednesday, June 14, 2017 7:49:48 AM
Rank: Elder


Joined: 4/22/2010
Posts: 10,169
Location: Nairobi
Ebenyo wrote:
Chaka wrote:
Can someone tell me whether I can use the CDS account I have with the CDSC to purchase a gov.bond or I still have to open one at the CBK?


currently you cant use the cds account of cdsc to purchase bond.you will have to open a new cds account with cbk specifically for bonds.But there are plans to merge the two so in future they will be one.



Maybe when Jesus comes...buying or selling a bond in the secondary market is one painful process...You really need to be super patient.
possunt quia posse videntur
subaru
#730 Posted : Wednesday, June 14, 2017 9:31:17 AM
Rank: Member


Joined: 3/15/2010
Posts: 369
Location: nairobie
maka wrote:
Ebenyo wrote:
Chaka wrote:
Can someone tell me whether I can use the CDS account I have with the CDSC to purchase a gov.bond or I still have to open one at the CBK?


currently you cant use the cds account of cdsc to purchase bond.you will have to open a new cds account with cbk specifically for bonds.But there are plans to merge the two so in future they will be one.



Maybe when Jesus comes...buying or selling a bond in the secondary market is one painful process...You really need to be super patient.

So is it much simpler to buy when its floated afresh or how is it
maka
#731 Posted : Wednesday, June 14, 2017 9:46:54 AM
Rank: Elder


Joined: 4/22/2010
Posts: 10,169
Location: Nairobi
subaru wrote:
maka wrote:
Ebenyo wrote:
Chaka wrote:
Can someone tell me whether I can use the CDS account I have with the CDSC to purchase a gov.bond or I still have to open one at the CBK?


currently you cant use the cds account of cdsc to purchase bond.you will have to open a new cds account with cbk specifically for bonds.But there are plans to merge the two so in future they will be one.



Maybe when Jesus comes...buying or selling a bond in the secondary market is one painful process...You really need to be super patient.

So is it much simpler to buy when its floated afresh or how is it



Yep...but then if you have done this for a while you will realise that you can get proper off market deals at the secondary market...
possunt quia posse videntur
Chaka
#732 Posted : Wednesday, June 14, 2017 10:02:34 AM
Rank: Veteran


Joined: 2/16/2007
Posts: 1,866
Meaning some people sell at a loss at the secondary market?
maka wrote:

Yep...but then if you have done this for a while you will realise that you can get proper off market deals at the secondary market...

maka
#733 Posted : Wednesday, June 14, 2017 10:21:22 AM
Rank: Elder


Joined: 4/22/2010
Posts: 10,169
Location: Nairobi
Chaka wrote:
Meaning some people sell at a loss at the secondary market?
maka wrote:

Yep...but then if you have done this for a while you will realise that you can get proper off market deals at the secondary market...



Not necessarily...imagine you bought a paper at a discount of 70 or 80 per 100 you have held the paper for 5 years...got the coupon payments over that period and you can still sell and get your original margin....
possunt quia posse videntur
MatataMingi
#734 Posted : Thursday, June 15, 2017 5:08:18 PM
Rank: Member


Joined: 11/17/2009
Posts: 317
Location: Where everyone knows you
maka wrote:
MatataMingi wrote:
Latest T-Bond on Offer:

- Re-0pen 15 year bond FXD2/2007/15
- 4.96 years remaining
- Value Date 26/6/17
- Due Date 6/6/22
- Coupon rate 13.50%
- Withholding Tax 10%.

Looks good.

What do you guys think will be the quoted yield / price per 100/=

Happy investing


105-107...it will come in at a premium...


@Maka.

Any particular reason for such a premium?
At these prices the yield will be between 12.125% to 11.625% - roughly.

Not too good for a almost five year bond.
maka
#735 Posted : Thursday, June 15, 2017 5:28:27 PM
Rank: Elder


Joined: 4/22/2010
Posts: 10,169
Location: Nairobi
MatataMingi wrote:
maka wrote:
MatataMingi wrote:
Latest T-Bond on Offer:

- Re-0pen 15 year bond FXD2/2007/15
- 4.96 years remaining
- Value Date 26/6/17
- Due Date 6/6/22
- Coupon rate 13.50%
- Withholding Tax 10%.

Looks good.

What do you guys think will be the quoted yield / price per 100/=

Happy investing


105-107...it will come in at a premium...


@Maka.

Any particular reason for such a premium?
At these prices the yield will be between 12.125% to 11.625% - roughly.

Not too good for a almost five year bond.


Thats where the 5 year is trading...check implied yields.
possunt quia posse videntur
maka
#736 Posted : Friday, June 16, 2017 5:58:36 PM
Rank: Elder


Joined: 4/22/2010
Posts: 10,169
Location: Nairobi
maka wrote:
MatataMingi wrote:
maka wrote:
MatataMingi wrote:
Latest T-Bond on Offer:

- Re-0pen 15 year bond FXD2/2007/15
- 4.96 years remaining
- Value Date 26/6/17
- Due Date 6/6/22
- Coupon rate 13.50%
- Withholding Tax 10%.

Looks good.

What do you guys think will be the quoted yield / price per 100/=

Happy investing


105-107...it will come in at a premium...


@Maka.

Any particular reason for such a premium?
At these prices the yield will be between 12.125% to 11.625% - roughly.

Not too good for a almost five year bond.


Thats where the 5 year is trading...check implied yields.









possunt quia posse videntur
MatataMingi
#737 Posted : Sunday, June 18, 2017 10:26:34 AM
Rank: Member


Joined: 11/17/2009
Posts: 317
Location: Where everyone knows you
@Maka. Thanks.

I have a large 2 year bond maturing on the 26th.

I will roll it over in 2 bids.

- One at 103/=
- One at AVERAGE.

Let's wait and see what happens.
maka
#738 Posted : Wednesday, June 21, 2017 7:21:32 PM
Rank: Elder


Joined: 4/22/2010
Posts: 10,169
Location: Nairobi
MatataMingi wrote:
@Maka. Thanks.

I have a large 2 year bond maturing on the 26th.

I will roll it over in 2 bids.

- One at 103/=
- One at AVERAGE.

Let's wait and see what happens.



possunt quia posse videntur
Ebenyo
#739 Posted : Thursday, June 22, 2017 7:44:39 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 958
Location: Kitale
got my first t.bond interest this week for fxd2/2014/5.whats the current rate and price of this bond in the secondary market at nse?
Dont work for money.Let your money work for you.
maka
#740 Posted : Thursday, June 22, 2017 8:04:48 AM
Rank: Elder


Joined: 4/22/2010
Posts: 10,169
Location: Nairobi
Ebenyo wrote:
got my first t.bond interest this week for fxd2/2014/5.whats the current rate and price of this bond in the secondary market at nse?


Check above on the implied yields should be around 11.5%...Its basically a 2 year paper...
possunt quia posse videntur
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