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Esstiko
#1261
Posted :
Thursday, October 24, 2019 4:23:12 PM
Rank: New-farer
Joined: 6/5/2019
Posts: 19
AndyC wrote:
Disappointing coupon rate on the IFB. Bet Kengen will do better.
An offer price of 95.875 aint bad either.. But the coupon rate should have been better.
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maka
#1262
Posted :
Friday, October 25, 2019 3:21:48 PM
Rank: Elder
Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
tandich wrote:
Meanwhile in Nigeria.
Nigeria Bars Some Firms From High-Yielding Bonds to Boost Growth
Said it before this should happen in Kenya as well...
On the coupon rate we were conned.. What did the initial prospectus say?
possunt quia posse videntur
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maka
#1263
Posted :
Friday, October 25, 2019 3:26:11 PM
Rank: Elder
Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
maka wrote:
tandich wrote:
Meanwhile in Nigeria.
Nigeria Bars Some Firms From High-Yielding Bonds to Boost Growth
Said it before this should happen in Kenya as well...
On the coupon rate we were conned.. What did the initial prospectus say?
possunt quia posse videntur
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AndyC
#1264
Posted :
Friday, October 25, 2019 3:27:13 PM
Rank: Member
Joined: 4/21/2015
Posts: 151
maka wrote:
tandich wrote:
Meanwhile in Nigeria.
Nigeria Bars Some Firms From High-Yielding Bonds to Boost Growth
Said it before this should happen in Kenya as well...
On the coupon rate we were conned.. What did the initial prospectus say?
Prospectus promised a market determined rate. Words can be very deceiving
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maka
#1265
Posted :
Friday, October 25, 2019 4:13:00 PM
Rank: Elder
Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
AndyC wrote:
maka wrote:
tandich wrote:
Meanwhile in Nigeria.
Nigeria Bars Some Firms From High-Yielding Bonds to Boost Growth
Said it before this should happen in Kenya as well...
On the coupon rate we were conned.. What did the initial prospectus say?
Prospectus promised a market determined rate. Words can be very deceiving
possunt quia posse videntur
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Ericsson
#1266
Posted :
Friday, October 25, 2019 4:18:55 PM
Rank: Elder
Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
AndyC wrote:
maka wrote:
tandich wrote:
Meanwhile in Nigeria.
Nigeria Bars Some Firms From High-Yielding Bonds to Boost Growth
Said it before this should happen in Kenya as well...
On the coupon rate we were conned.. What did the initial prospectus say?
Prospectus promised a market determined rate. Words can be very deceiving
If they come from Jubilee administration.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Angelica _ann
#1267
Posted :
Friday, October 25, 2019 4:39:16 PM
Rank: Elder
Joined: 12/7/2012
Posts: 11,935
Hii ni opus dei con job, 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
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murchr
#1268
Posted :
Friday, October 25, 2019 5:10:01 PM
Rank: Elder
Joined: 2/26/2012
Posts: 15,980
Ericsson wrote:
murchr wrote:
maka wrote:
https://www.centralbank.go.ke/uploads/treasury_bonds_prospectuses/1334980349_OCTOBER%20%202019%2016%20YR%20%20IFB1-2019-16%20dated%2028.10.2019..pdf
October IFB...
If you have an account buy as much as possible...
Coupon = Market determines means?
Auction method or best fit coupon rate
Mmh!!!
"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
.
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Impunity
#1269
Posted :
Sunday, October 27, 2019 5:48:26 PM
Rank: Elder
Joined: 3/2/2009
Posts: 26,331
Location: Masada
Angelica _ann wrote:
Hii ni opus dei con job, sad!!!
So guys will be paid 11.75% on the value invested and not at 12.5%?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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maka
#1270
Posted :
Sunday, October 27, 2019 6:13:34 PM
Rank: Elder
Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Impunity wrote:
Angelica _ann wrote:
Hii ni opus dei con job, sad!!!
So guys will be paid 11.75% on the value invested and not at 12.5%?
Yep...The weighted average of accepted bids should have been used as the coupon rate as per previous auctions... Hapo wamegonga watu ndipo.... They have refused to answer questions as to how they arrived at that figure...
possunt quia posse videntur
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