Wazua
»
Investor
»
Bonds
»
M-Akiba treasury bonds via mobile
Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
|
Ericsson wrote:New tranche, M-Akiba bond; amount Kshs 500 million for infrastructure development. Tenor 3 years, coupon 10%pa payable semi-annually.
Max amount 140,000 mpesa, 999,999 pesalink Is it a re-open or a new bond? Has anyone seen the official announcement? If yes, please post it here.
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
chiaroscuro wrote:Ericsson wrote:New tranche, M-Akiba bond; amount Kshs 500 million for infrastructure development. Tenor 3 years, coupon 10%pa payable semi-annually.
Max amount 140,000 mpesa, 999,999 pesalink Is it a re-open or a new bond? Has anyone seen the official announcement? If yes, please post it here. Stop being lazy and search on the net. Ama uwache "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
shadowinvestor wrote:Pesa link doesn't work, you are here sending cash daily to get 1mio- Useless system. it only works if you are investing kidogo cash A truly asshole. Just how do you mpesa say 10M? Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
|
|
Rank: Veteran Joined: 11/13/2015 Posts: 1,590
|
Interesting to see how Wanjiku is broke and dumb https://www.businessdail...0006-9ul137z/index.html
Quote:“The structure of M-Akiba uptake has about 68 percent of Kenyans taking up bonds worth between Sh3,000 and Sh20,000, while 24 percent of the investors bought bonds worth between Sh20,001 to Sh100,000, and the remaining eight percent invested above Sh100,000,” said CDSC. @maka, explain this tweet from @geonal to Wanjiku Quote:So, the M-Akiba bond unit sells for 1.0382 plus settlement fees today...If Kes 10,000 earns 10% per year, it means the net income is 1000 less 420ish, which is KES 580 per year, before withdrawal fees? You give away money for a whole year to get 5.5.%? Lower than inflation.
|
|
Rank: Member Joined: 3/1/2019 Posts: 170 Location: Nairobi
|
wukan wrote:Interesting to see how Wanjiku is broke and dumb https://www.businessdail...0006-9ul137z/index.html
Quote:“The structure of M-Akiba uptake has about 68 percent of Kenyans taking up bonds worth between Sh3,000 and Sh20,000, while 24 percent of the investors bought bonds worth between Sh20,001 to Sh100,000, and the remaining eight percent invested above Sh100,000,” said CDSC. @maka, explain this tweet from @geonal to Wanjiku Quote:So, the M-Akiba bond unit sells for 1.0382 plus settlement fees today...If Kes 10,000 earns 10% per year, it means the net income is 1000 less 420ish, which is KES 580 per year, before withdrawal fees? You give away money for a whole year to get 5.5.%? Lower than inflation. Lower than inflation but better than keeping it in a bank account. Anyway, they should probably just go for fixed deposit accounts
|
|
Rank: Member Joined: 5/6/2008 Posts: 199
|
wukan wrote:Interesting to see how Wanjiku is broke and dumb https://www.businessdail...0006-9ul137z/index.html
Quote:“The structure of M-Akiba uptake has about 68 percent of Kenyans taking up bonds worth between Sh3,000 and Sh20,000, while 24 percent of the investors bought bonds worth between Sh20,001 to Sh100,000, and the remaining eight percent invested above Sh100,000,” said CDSC. @maka, explain this tweet from @geonal to Wanjiku Quote:So, the M-Akiba bond unit sells for 1.0382 plus settlement fees today...If Kes 10,000 earns 10% per year, it means the net income is 1000 less 420ish, which is KES 580 per year, before withdrawal fees? You give away money for a whole year to get 5.5.%? Lower than inflation. I've gone ahead and checked and this was the result. Unless the guy was buying in the secondary market. Perhaps that's the dirty price.
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
tandich wrote:wukan wrote:Interesting to see how Wanjiku is broke and dumb https://www.businessdail...0006-9ul137z/index.html
Quote:“The structure of M-Akiba uptake has about 68 percent of Kenyans taking up bonds worth between Sh3,000 and Sh20,000, while 24 percent of the investors bought bonds worth between Sh20,001 to Sh100,000, and the remaining eight percent invested above Sh100,000,” said CDSC. @maka, explain this tweet from @geonal to Wanjiku Quote:So, the M-Akiba bond unit sells for 1.0382 plus settlement fees today...If Kes 10,000 earns 10% per year, it means the net income is 1000 less 420ish, which is KES 580 per year, before withdrawal fees? You give away money for a whole year to get 5.5.%? Lower than inflation. I've gone ahead and checked and this was the result. Unless the guy was buying in the secondary market. Perhaps that's the dirty price. Yep that's dirty price... possunt quia posse videntur
|
|
Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
|
BTW: You're better off buy secondary instead of re-open3
|
|
Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
|
chiaroscuro wrote:BTW: You're better off buy secondary instead of re-open3 Why? Please explain
|
|
Rank: Member Joined: 6/24/2007 Posts: 111 Location: Afrique
|
chiaroscuro wrote:BTW: You're better off buy secondary instead of re-open3 How's buying at, let's say 1.03987 per unit better than buying the unit at 1.00000?? It is a curious fact that of all the illusions that beset mankind, none is quite as curious as that tendency to suppose that we are mentally and morally superior to those who differ from us in opinion.
|
|
Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite
|
sumuni wrote:chiaroscuro wrote:BTW: You're better off buy secondary instead of re-open3 How's buying at, let's say 1.03987 per unit better than buying the unit at 1.00000?? Someone has said upthere 1.00000 is dirty price! that's why!
|
|
Rank: Veteran Joined: 5/5/2011 Posts: 1,059
|
sumuni wrote:chiaroscuro wrote:BTW: You're better off buy secondary instead of re-open3 How's buying at, let's say 1.03987 per unit better than buying the unit at 1.00000?? I found this on twitter by @mungaikihanya explaining why buying on the secondary market is better Why it's bettter to buy M-akiba from the secondary market instead of primary offerTo Each His Own
|
|
Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
|
sumuni wrote:chiaroscuro wrote:BTW: You're better off buy secondary instead of re-open3 How's buying at, let's say 1.03987 per unit better than buying the unit at 1.00000?? If you buy in the re-open at 1.000000000, you will miss out on the interest coming up on Monday 9th. If you buy in the secondary at 1.048077 [today], will qualify for the interest coming up on Monday 9th. Choose wisely.
|
|
Rank: Member Joined: 5/6/2008 Posts: 199
|
chiaroscuro wrote:sumuni wrote:chiaroscuro wrote:BTW: You're better off buy secondary instead of re-open3 How's buying at, let's say 1.03987 per unit better than buying the unit at 1.00000?? If you buy in the re-open at 1.000000000, you will miss out on the interest coming up on Monday 9th. If you buy in the secondary at 1.048077 [today], will qualify for the interest coming up on Monday 9th. Choose wisely. Buy at 1.048077. Interest .05 Hmmm!
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
What time today will it hit our accounts? Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Impunity wrote:What time today will it hit our accounts? Are you talking about the interest? Is it today or 30? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
|
|
Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
|
murchr wrote:Impunity wrote:What time today will it hit our accounts? Are you talking about the interest? Is it today or 30? 30th For investors as a whole, returns decrease as motion increases ~ WB
|
|
Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
|
It's today. Mine just came in. Feeling good about it.
My first bond payment. Saving a screenshot for posterity.
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
Muthawamunene wrote:It's today. Mine just came in. Feeling good about it.
My first bond payment. Saving a screenshot for posterity. Got "kaching" sound jana at 1030pm...small token enough to buy half mbuzi. So this thing works. Next time I am going full in, head plus shoulder. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
|
|
Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
|
Impunity wrote:Muthawamunene wrote:It's today. Mine just came in. Feeling good about it.
My first bond payment. Saving a screenshot for posterity. Got "kaching" sound jana at 1030pm...small token enough to buy half mbuzi. So this thing works. Next time I am going full in, head plus shoulder. Yangu bado. Navile niko na nyingi.....
|
|
Wazua
»
Investor
»
Bonds
»
M-Akiba treasury bonds via mobile
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|