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Treasury Bills and Bonds
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AndyC
#1281 Posted : Wednesday, November 13, 2019 9:16:20 AM
Rank: Member

Joined: 4/21/2015
Posts: 151
Another 'market rate determined'treasury bond on sale.
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maka
#1282 Posted : Wednesday, November 13, 2019 9:30:44 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
AndyC wrote:
Another 'market rate determined'treasury bond on sale.


What happened to the Google group? I can be posting the weekly implied yields that can help you guys gauge where to get in during the primaries....
possunt quia posse videntur
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Esstiko
#1283 Posted : Wednesday, November 20, 2019 8:41:03 PM
Rank: New-farer

Joined: 6/5/2019
Posts: 19
C. Rate @12.28% Pray
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AndyC
#1284 Posted : Thursday, November 21, 2019 9:00:19 AM
Rank: Member

Joined: 4/21/2015
Posts: 151
Esstiko wrote:
C. Rate @12.28% Pray


A net of 11.052%

The hunger is real yet they keep rates low!
https://www.businessdail...356414-4ot5ux/index.html
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  | | Edit by user: Thursday, November 21, 2019 1:06 PM | Reason: Not specified
Ericsson
#1285 Posted : Friday, November 22, 2019 1:32:48 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
T-Bill rates SOAR on interest rate cap removal amidst HEAVY underperformance:

91-day from 6.680% last auction to 7.131% (92.86% performance)

182-day from 7.774% last auction to 8.215% (38.48% performance)

364-day from 9.784% last auction to 9.804% (59.23% performance)
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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passiveinvestor
#1286 Posted : Monday, November 25, 2019 10:18:23 AM
Rank: Member

Joined: 12/8/2006
Posts: 104
Ericsson wrote:
T-Bill rates SOAR on interest rate cap removal amidst HEAVY underperformance:

91-day from 6.680% last auction to 7.131% (92.86% performance)

182-day from 7.774% last auction to 8.215% (38.48% performance)

364-day from 9.784% last auction to 9.804% (59.23% performance)

very disturbing....especially the underperformance. The market is signalling a major increase in medium to longer term rates. Even the 10 yr. was at 77% performance, 12.3% coupon.
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watesh
#1287 Posted : Monday, November 25, 2019 10:57:06 AM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
passiveinvestor wrote:
Ericsson wrote:
T-Bill rates SOAR on interest rate cap removal amidst HEAVY underperformance:

91-day from 6.680% last auction to 7.131% (92.86% performance)

182-day from 7.774% last auction to 8.215% (38.48% performance)

364-day from 9.784% last auction to 9.804% (59.23% performance)

very disturbing....especially the underperformance. The market is signalling a major increase in medium to longer term rates. Even the 10 yr. was at 77% performance, 12.3% coupon.


Banks are not participating as much as they used to since they can get a higher return elsewhere
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MatataMingi
#1288 Posted : Monday, November 25, 2019 4:52:43 PM
Rank: Member

Joined: 11/17/2009
Posts: 399
Location: Where everyone knows you
Investors don't seem too interested in longer term Bonds.

CBK should offer a 2 or 3 year Bond.
It would be oversubscribed.
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Ericsson
#1289 Posted : Monday, November 25, 2019 6:27:20 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
MatataMingi wrote:
Investors don't seem too interested in longer term Bonds.

CBK should offer a 2 or 3 year Bond.
It would be oversubscribed.

Nobody is thinking long term for the Kenyan economy apart from Gok
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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maka
#1290 Posted : Monday, November 25, 2019 8:48:23 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
MatataMingi wrote:
Investors don't seem too interested in longer term Bonds.

CBK should offer a 2 or 3 year Bond.
It would be oversubscribed.

Nobody is thinking long term for the Kenyan economy apart from Gok


The problem is that the average tenor of the existing bonds is too short creating pressure on repayments.... Last time I checked it was like 4.56 yrs... I would love if they opened SDB 1/2011/30 one of my favorite papers...Then you get it at a sweet discount that's proper money when you trade it....
possunt quia posse videntur
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173 Pages«<127128129130131>»
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