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Treasury Bills and Bonds
Taurrus
#821 Posted : Monday, January 08, 2018 11:36:04 AM
Rank: Member


Joined: 8/25/2015
Posts: 692
Location: Kite
obiero wrote:
Angelica _ann wrote:
If one applied for a cdsc account to be opened by CBK & it has taken over a month since lodging the documents where does one follow up? Call you are just taken round & round without concrete answers. Individual is based in the US.

Someone in Kenya can follow up at the HQ along HaileSelassie. If you don't know the place we can meet at Kaldi's for coffee then I take you sort out the issue and even to meet the Governor if you need to greet him


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
watesh
#822 Posted : Monday, January 08, 2018 12:17:44 PM
Rank: Member


Joined: 8/10/2014
Posts: 615
Location: Kenya
obiero wrote:
Angelica _ann wrote:
If one applied for a cdsc account to be opened by CBK & it has taken over a month since lodging the documents where does one follow up? Call you are just taken round & round without concrete answers. Individual is based in the US.

Someone in Kenya can follow up at the HQ along HaileSelassie. If you don't know the place we can meet at Kaldi's for coffee then I take you sort out the issue and even to meet the Governor if you need to greet him

Seizing the opportunity Laughing out loudly Laughing out loudly Laughing out loudly
Fullykenyan
#823 Posted : Tuesday, January 09, 2018 8:55:33 PM
Rank: Member


Joined: 7/27/2014
Posts: 390
Location: Eastlando
obiero wrote:
Angelica _ann wrote:
If one applied for a cdsc account to be opened by CBK & it has taken over a month since lodging the documents where does one follow up? Call you are just taken round & round without concrete answers. Individual is based in the US.

Someone in Kenya can follow up at the HQ along HaileSelassie. If you don't know the place we can meet at Kaldi's for coffee then I take you sort out the issue and even to meet the Governor if you need to greet him


Obiero, can you also help me, ama you only help ladies? ;)
Angelica _ann
#824 Posted : Wednesday, January 10, 2018 8:48:31 AM
Rank: Elder


Joined: 12/7/2012
Posts: 7,935
Sorted out finally, got a response jana after using some of the emails that had been provided by @pesa 8 earlier in this thread. Asanteni!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Dahatre
#825 Posted : Wednesday, January 17, 2018 12:26:25 PM
Rank: Member


Joined: 12/21/2009
Posts: 480
Finally got my Kid bro to save up and try treasuries. He put in his bid on Monday.

One of the guys at the counter told him that he could not specify rollover on the bid form. He was told that to go one week before the maturity date and do the rollover or send and email message instructing the bank to rollover the note.

Is this true? If so, why do they have the rollover option on the bid form?
iris
#826 Posted : Wednesday, January 17, 2018 1:37:15 PM
Rank: Member


Joined: 9/11/2014
Posts: 180
Location: Nairobi
Maka, what is the competitive rate for current IFB or should I just go with non-competitive?
MugundaMan
#827 Posted : Wednesday, January 17, 2018 1:56:26 PM
Rank: New-farer


Joined: 1/8/2018
Posts: 26
Dahatre wrote:
Finally got my Kid bro to save up and try treasuries. He put in his bid on Monday.

One of the guys at the counter told him that he could not specify rollover on the bid form. He was told that to go one week before the maturity date and do the rollover or send and email message instructing the bank to rollover the note.

Is this true? If so, why do they have the rollover option on the bid form?


Because CBK is CBK Drool
Remember these are the chaps who take 30-60 days to "verify" your bank account, give zero online access to your portfolio and sometimes mail you hard copies of statements etc as much as 6 months to a year or more late.
"Kenya’s economy has displayed “extraordinary resilience” in the face of political uncertainty, its central bank governor said on Friday, attributing the strength to its diversity and small and medium enterprises." - Reuters, 24/11/2017
Pesa Nane
#828 Posted : Wednesday, January 17, 2018 3:15:51 PM
Rank: Elder


Joined: 5/25/2012
Posts: 3,431
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Angelica _ann
#829 Posted : Wednesday, January 17, 2018 5:05:38 PM
Rank: Elder


Joined: 12/7/2012
Posts: 7,935
Pesa Nane wrote:



12.5% pa for 15 years, this Njoroge is not serious smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#830 Posted : Wednesday, January 17, 2018 5:28:46 PM
Rank: Elder


Joined: 12/4/2009
Posts: 3,980
Location: NAIROBI
Angelica _ann wrote:
Pesa Nane wrote:



12.5% pa for 15 years, this Njoroge is not serious smile


The money is going to be used to repay debt and support government operations
Kenya to use 45% of tax collections or ksh.658bn to repay debt.
Infrastructure word is used to sweet talk potential investors
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