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Treasury Bills and Bonds
Ebenyo
#741 Posted : Thursday, June 22, 2017 8:56:17 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 927
Location: Kitale
maka wrote:
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...


i got 12% interest during its auction in march.was thinking to add the same but maybe it will be hard for me to get it in the secondary market as you said? but i can still wait for maturity in 2019 and get another good paper.or what can your advice be?
1.Cut down on expenses2.Save a portion of the income 3.Invest heavily
maka
#742 Posted : Thursday, June 22, 2017 9:41:19 AM
Rank: Elder


Joined: 4/22/2010
Posts: 10,104
Location: Nairobi
Ebenyo wrote:
maka wrote:
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...


i got 12% interest during its auction in march.was thinking to add the same but maybe it will be hard for me to get it in the secondary market as you said? but i can still wait for maturity in 2019 and get another good paper.or what can your advice be?


It's hard getting the exact paper but you can source for another similar paper depending on your investment plan....
possunt quia posse videntur
Impunity
#743 Posted : Thursday, June 22, 2017 5:56:23 PM
Rank: Elder


Joined: 3/2/2009
Posts: 25,309
Location: Masada
maka wrote:
Ebenyo wrote:
maka wrote:
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...


i got 12% interest during its auction in march.was thinking to add the same but maybe it will be hard for me to get it in the secondary market as you said? but i can still wait for maturity in 2019 and get another good paper.or what can your advice be?


It's hard getting the exact paper but you can source for another similar paper depending on your investment plan....


Also depend on the principit amount...no need to waste time holding Kes.1M for that long.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Chaka
#744 Posted : Thursday, June 22, 2017 8:09:27 PM
Rank: Veteran


Joined: 2/16/2007
Posts: 1,852
Where would the Kes 1M be better off?
Impunity wrote:

Also depend on the principit amount...no need to waste time holding Kes.1M for that long.

Impunity
#745 Posted : Friday, June 23, 2017 9:40:23 AM
Rank: Elder


Joined: 3/2/2009
Posts: 25,309
Location: Masada
Chaka wrote:
Where would the Kes 1M be better off?
Impunity wrote:

Also depend on the principit amount...no need to waste time holding Kes.1M for that long.



Buy sacks of maize from interior Kitale and sell at Mukuru slums.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Taurrus
#746 Posted : Thursday, June 29, 2017 2:19:24 PM
Rank: Member


Joined: 8/25/2015
Posts: 661
Location: Kite
Ebenyo wrote:
maka wrote:
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...


i got 12% interest during its auction in march.was thinking to add the same but maybe it will be hard for me to get it in the secondary market as you said? but i can still wait for maturity in 2019 and get another good paper.or what can your advice be?


They are paying interest at four months now?
Impunity
#747 Posted : Sunday, July 09, 2017 9:46:23 PM
Rank: Elder


Joined: 3/2/2009
Posts: 25,309
Location: Masada
@maka,please talk about this 30B 10YR Gaament bond currently on IPO.
Thanks
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

holycow
#748 Posted : Wednesday, September 06, 2017 12:30:08 PM
Rank: Veteran


Joined: 11/11/2006
Posts: 946
Location: Home
maka wrote:
maka wrote:
How do i post an excel sheet huku?


Sent implied yields and yield curve for this week...to wazua@googlegroups.com



@maka, long time, could you be having the latest Bond calculation sheet.
Angelica _ann
#749 Posted : Thursday, October 12, 2017 5:48:17 PM
Rank: Elder


Joined: 12/7/2012
Posts: 7,555
@Maka and other elders smile can somebody open cds account with CBK online as in without physically going there?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
sparkly
#750 Posted : Thursday, October 12, 2017 6:50:52 PM
Rank: Elder


Joined: 9/23/2009
Posts: 5,554
Location: Enk are Nyirobi
Angelica _ann wrote:
@Maka and other elders smile can somebody open cds account with CBK online as in without physically going there?


No. You have to take your docs there.
Life is short. Live passionately.
maka
#751 Posted : Friday, October 13, 2017 7:12:55 AM
Rank: Elder


Joined: 4/22/2010
Posts: 10,104
Location: Nairobi
sparkly wrote:
Angelica _ann wrote:
@Maka and other elders smile can somebody open cds account with CBK online as in without physically going there?


No. You have to take your docs there.


Thats the part they really hv to changeSad

Noticed for diaspora investors you can send your stuff via email then post the hard copies....
possunt quia posse videntur
Chaka
#752 Posted : Friday, October 13, 2017 12:07:40 PM
Rank: Veteran


Joined: 2/16/2007
Posts: 1,852
So if one was say physically challenged or blind,they would still have go there physicallySad ?
sparkly wrote:
Angelica _ann wrote:
@Maka and other elders smile can somebody open cds account with CBK online as in without physically going there?


No. You have to take your docs there.

Speculz
#753 Posted : Friday, October 13, 2017 12:18:55 PM
Rank: Member


Joined: 5/6/2011
Posts: 350
Location: Nairobi
maka wrote:
sparkly wrote:
Angelica _ann wrote:
@Maka and other elders smile can somebody open cds account with CBK online as in without physically going there?


No. You have to take your docs there.


Thats the part they really hv to changeSad

Noticed for diaspora investors you can send your stuff via email then post the hard copies....


Its cumbersome really, they should even take application of treasury bills and bonds online at least.
"You can't have everything. Where would you put it?" - Stephen Wright
Angelica _ann
#754 Posted : Friday, October 13, 2017 2:09:33 PM
Rank: Elder


Joined: 12/7/2012
Posts: 7,555
Speculz wrote:
maka wrote:
sparkly wrote:
Angelica _ann wrote:
@Maka and other elders smile can somebody open cds account with CBK online as in without physically going there?


No. You have to take your docs there.


Thats the part they really hv to changeSad

Noticed for diaspora investors you can send your stuff via email then post the hard copies....


Its cumbersome really, they should even take application of treasury bills and bonds online at least.


Asanteni ...... thanks!!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
maka
#755 Posted : Friday, October 13, 2017 2:38:15 PM
Rank: Elder


Joined: 4/22/2010
Posts: 10,104
Location: Nairobi
Speculz wrote:
maka wrote:
sparkly wrote:
Angelica _ann wrote:
@Maka and other elders smile can somebody open cds account with CBK online as in without physically going there?


No. You have to take your docs there.


Thats the part they really hv to changeSad

Noticed for diaspora investors you can send your stuff via email then post the hard copies....


Its cumbersome really, they should even take application of treasury bills and bonds online at least.



They have been told a million times hawasikii...esp once you have a pin no...bank acc no...ID or PP no all is set...its just being stuck in the 90s.

possunt quia posse videntur
Speculz
#756 Posted : Friday, October 13, 2017 5:01:07 PM
Rank: Member


Joined: 5/6/2011
Posts: 350
Location: Nairobi
maka wrote:
Speculz wrote:
maka wrote:
sparkly wrote:
Angelica _ann wrote:
@Maka and other elders smile can somebody open cds account with CBK online as in without physically going there?


No. You have to take your docs there.


Thats the part they really hv to changeSad

Noticed for diaspora investors you can send your stuff via email then post the hard copies....


Its cumbersome really, they should even take application of treasury bills and bonds online at least.



They have been told a million times hawasikii...esp once you have a pin no...bank acc no...ID or PP no all is set...its just being stuck in the 90s.



Yeah,the whole thing is archaic, I cannot imagine having to start the application process afresh so that they reactivate my existing account, surely.It beats logic.
"You can't have everything. Where would you put it?" - Stephen Wright
iris
#757 Posted : Monday, October 16, 2017 11:42:40 AM
Rank: Member


Joined: 9/11/2014
Posts: 166
Location: Nairobi
@Maka, since no interest rates are mentioned in the current bond (FXD 2/2017/5), what metric does one use to know whether to get in or not?
maka
#758 Posted : Monday, October 16, 2017 12:06:35 PM
Rank: Elder


Joined: 4/22/2010
Posts: 10,104
Location: Nairobi
iris wrote:
@Maka, since no interest rates are mentioned in the current bond (FXD 2/2017/5), what metric does one use to know whether to get in or not?


You check where the 5 year bond is trading at....yield curve...implied yields for Friday.
But then if its a small amount you just bid at average the difference in basis points from the cutoff is a negligible fig most times...
possunt quia posse videntur
iris
#759 Posted : Monday, October 16, 2017 12:22:23 PM
Rank: Member


Joined: 9/11/2014
Posts: 166
Location: Nairobi
maka wrote:
iris wrote:
@Maka, since no interest rates are mentioned in the current bond (FXD 2/2017/5), what metric does one use to know whether to get in or not?


You check where the 5 year bond is trading at....yield curve...implied yields for Friday.
But then if its a small amount you just bid at average the difference in basis points from the cutoff is a negligible fig most times...


Thanks
maka
#760 Posted : Monday, October 16, 2017 2:04:34 PM
Rank: Elder


Joined: 4/22/2010
Posts: 10,104
Location: Nairobi
iris wrote:
maka wrote:
iris wrote:
@Maka, since no interest rates are mentioned in the current bond (FXD 2/2017/5), what metric does one use to know whether to get in or not?


You check where the 5 year bond is trading at....yield curve...implied yields for Friday.
But then if its a small amount you just bid at average the difference in basis points from the cutoff is a negligible fig most times...


Thanks








3715 is the closest paper to the 5 year being floated it has 1849 days to maturity check its implied yield on the last image....The 12.4137% fig in Red...
possunt quia posse videntur
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