Treasury Bills and Bonds - Page 108 - Bonds - Wazua

Welcome Guest

Wazua » Investor » Bonds » Treasury Bills and Bonds

Treasury Bills and Bonds

Options

Previous Topic · Next Topic

Impunity		#1071 Posted : Friday, November 30, 2018 8:44:51 AM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		maka wrote: maka wrote: Impunity wrote: Angelica _ann wrote: maka wrote: maka wrote: Angelica _ann wrote: maka wrote: Tap sale... Am too high to get the info... But yes we have a tap... Kesho is another day. We will be waiting So locals made noise about the issue yet when given opportunity hawana pesa. Nye nye nye nye nyeeee na given a whole week they could not buy anything. Maka,I thought at the Tap same a new average accepted rate was to be determined by the market? How comes it's the same rate as initial offer? That's how TAP works.... Only thing is the pay up price is adjusted for accrued interest... Hypothetical figures below👇🏾👇🏾 Explain the figures please. Say someone bought face value at 1M,what will a guy buying at IPO and at one buying at TAP pay? Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
Back to top		\|
User Profile

KulaRaha		#1072 Posted : Friday, November 30, 2018 9:33:41 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		Guys didn't buy tap because this bond should yield higher. Tenor is very long. Business opportunities are like buses,there's always another one coming
Back to top		\|
User Profile

maka		#1073 Posted : Friday, November 30, 2018 10:56:24 AM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		Impunity wrote: maka wrote: maka wrote: Impunity wrote: Angelica _ann wrote: maka wrote: maka wrote: Angelica _ann wrote: maka wrote: Tap sale... Am too high to get the info... But yes we have a tap... Kesho is another day. We will be waiting So locals made noise about the issue yet when given opportunity hawana pesa. Nye nye nye nye nyeeee na given a whole week they could not buy anything. Maka,I thought at the Tap same a new average accepted rate was to be determined by the market? How comes it's the same rate as initial offer? That's how TAP works.... Only thing is the pay up price is adjusted for accrued interest... Hypothetical figures below👇🏾👇🏾 Explain the figures please. Say someone bought face value at 1M,what will a guy buying at IPO and at one buying at TAP pay? Let's say you applied for 20m.... In the original auction you paid 99.127 for every 100....So 99.127 * 20000000 Comes to 19 733 400 For the TAP you will pay 19 825 400... 19 825 400 - 19 733 400 =? That fig is the accrued interest from the time the original auctions VD to present TAP payment.... 92k if am not wrong... Original auction - 98.667 per 100 TAP - 99.127 per 100 possunt quia posse videntur
Back to top		\| \| Edit by user: Friday, November 30, 2018 11:04 AM \| Reason: Not specified
User Profile

Impunity		#1074 Posted : Friday, November 30, 2018 12:42:25 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		maka wrote: Impunity wrote: maka wrote: maka wrote: Impunity wrote: Angelica _ann wrote: maka wrote: maka wrote: Angelica _ann wrote: maka wrote: Tap sale... Am too high to get the info... But yes we have a tap... Kesho is another day. We will be waiting So locals made noise about the issue yet when given opportunity hawana pesa. Nye nye nye nye nyeeee na given a whole week they could not buy anything. Maka,I thought at the Tap same a new average accepted rate was to be determined by the market? How comes it's the same rate as initial offer? That's how TAP works.... Only thing is the pay up price is adjusted for accrued interest... Hypothetical figures below👇🏾👇🏾 Explain the figures please. Say someone bought face value at 1M,what will a guy buying at IPO and at one buying at TAP pay? Let's say you applied for 20m.... In the original auction you paid 99.127 for every 100....So 99.127 * 20000000 Comes to 19 733 400 For the TAP you will pay 19 825 400... 19 825 400 - 19 733 400 =? That fig is the accrued interest from the time the original auctions VD to present TAP payment.... 92k if am not wrong... Original auction - 98.667 per 100 TAP - 99.127 per 100 Making sense now albeit a lirr mix up of rates! IPO should be 99.127 TAP should be 98.667 Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
Back to top		\|
User Profile

Impunity		#1075 Posted : Sunday, December 02, 2018 2:02:51 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		Loan to Loan Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
Back to top		\|
User Profile

Angelica _ann		#1076 Posted : Sunday, December 02, 2018 2:37:31 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		Impunity wrote: Loan to Loan “We are doing a syndicate to term out (lengthen maturity) of a maturing two-year syndicated loan taken in April 2017. This is a standard practice worldwide to retire short-dated loan and replace it with longer-dated loan as part of liability management,” Mr Rotich told the Nation. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top		\|
User Profile

obiero		#1077 Posted : Sunday, December 02, 2018 3:23:42 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi		Angelica _ann wrote: Impunity wrote: Loan to Loan “We are doing a syndicate to term out (lengthen maturity) of a maturing two-year syndicated loan taken in April 2017. This is a standard practice worldwide to retire short-dated loan and replace it with longer-dated loan as part of liability management,” Mr Rotich told the Nation. The explanation is acceptable only if there's no cash addition on the outstanding sum KQ ABP 4.26
Back to top		WWW \|
User Profile

wukan		#1078 Posted : Wednesday, December 05, 2018 2:56:58 PM
Rank: Veteran Joined: 11/13/2015 Posts: 1,653		chickens coming home to roost The refinancing risk Quote: Data from the Central Bank of Kenya (CBK) shows the 30-year bond stood at a high of 10.284 percent on November 27 before easing to 10.014 percent and 9.8 percent last Thursday. The issue first traded in the open market on February 23 at a yield of 8.021 percent, meaning the high reached last week amounts to an increase of 2.263 percentage points. The 10-year bond has seen its yield rise to 9.071 percent compared to 7.07 percent when it was launched into the market on February 23. Yields on bonds issued in 2014 have also risen. Quote: The Treasury is seeking Sh40 billion through a 10-year bond whose coupon or interest rate will be determined by the market. The Central Bank of Kenya (CBK), acting on behalf of the Treasury, said it is upon the market to determine the rate it wants to buy the bond thereby opening the way for investors to ask for higher compensation. The sale takes five working days with the closing day set as December 11. Analysts have already expressed pessimism on the subscription, citing its length and constrained market liquidity. https://www.businessdail...1156-f8t9bpz/index.html
Back to top		\|
User Profile

maka		#1079 Posted : Wednesday, December 05, 2018 3:12:12 PM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		wukan wrote: chickens coming home to roost The refinancing risk Quote: Data from the Central Bank of Kenya (CBK) shows the 30-year bond stood at a high of 10.284 percent on November 27 before easing to 10.014 percent and 9.8 percent last Thursday. The issue first traded in the open market on February 23 at a yield of 8.021 percent, meaning the high reached last week amounts to an increase of 2.263 percentage points. The 10-year bond has seen its yield rise to 9.071 percent compared to 7.07 percent when it was launched into the market on February 23. Yields on bonds issued in 2014 have also risen. Quote: The Treasury is seeking Sh40 billion through a 10-year bond whose coupon or interest rate will be determined by the market. The Central Bank of Kenya (CBK), acting on behalf of the Treasury, said it is upon the market to determine the rate it wants to buy the bond thereby opening the way for investors to ask for higher compensation. The sale takes five working days with the closing day set as December 11. Analysts have already expressed pessimism on the subscription, citing its length and constrained market liquidity. https://www.businessdail...1156-f8t9bpz/index.html No resting... They should just allow we quote 15% they get 40 Bn in full.... 10 years from now maybe we will be dead.... possunt quia posse videntur
Back to top		\|
User Profile

Impunity		#1080 Posted : Wednesday, December 05, 2018 3:26:20 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		wukan wrote: chickens coming home to roost The refinancing risk Quote: Data from the Central Bank of Kenya (CBK) shows the 30-year bond stood at a high of 10.284 percent on November 27 before easing to 10.014 percent and 9.8 percent last Thursday. The issue first traded in the open market on February 23 at a yield of 8.021 percent, meaning the high reached last week amounts to an increase of 2.263 percentage points. The 10-year bond has seen its yield rise to 9.071 percent compared to 7.07 percent when it was launched into the market on February 23. Yields on bonds issued in 2014 have also risen. Quote: The Treasury is seeking Sh40 billion through a 10-year bond whose coupon or interest rate will be determined by the market. The Central Bank of Kenya (CBK), acting on behalf of the Treasury, said it is upon the market to determine the rate it wants to buy the bond thereby opening the way for investors to ask for higher compensation. The sale takes five working days with the closing day set as December 11. Analysts have already expressed pessimism on the subscription, citing its length and constrained market liquidity. https://www.businessdail...1156-f8t9bpz/index.html The gaaament is full of njaament. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
Back to top		\|
User Profile

173 Pages«<106107108109110>»

Wazua » Investor » Bonds » Treasury Bills and Bonds

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.

Watch this topic
Print this topic

Normal
Threaded