Wazua
»
Investor
»
Bonds
»
Treasury Bills and Bonds
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
Angelica _ann wrote:maka wrote:Ericsson wrote:maka wrote:Esstiko wrote:5 and 10 year floated.  Maybe we wait for that 150Bn roads bond they want to issue The Kenya Roads Board (KRB) has received bids from a consortium of Citi bank, Absa, Renaissance Capital, Equity Group holdings and Rand Merchant Bank seeking to arrange a Ksh 150 Billion financing plan to fund roads development, maintenance, and rehabilitation. Further, Dyer and Blair and Africa Finance Corporation submitted a joint bid. According to Bloomberg, another group led by NCBA group, Standard Chartered, Co-operative bank, and KCB Group also submitted their bids. Standard Group’s Kenyan Unit and Lion’s head also belong to this last group. Everyone thought it was a local IFB....  Chasing lower/cheaper rates.... Local market cannot swallow the 150B at ago with a longer tenure the way it is likely to be designed. Of course the 'arrangers' are also vultures in the making and plus back office deals. Trust me it can be done at a go... Have you seen the 5 and 10 year results? They have absorbed like 64Bn.....150Bn at a good rate will be gobbled up.... Primary auction then tap sale.... Simple..... possunt quia posse videntur
|
|
|
Rank: New-farer Joined: 6/5/2019 Posts: 19
|
Angelica _ann wrote:maka wrote:Ericsson wrote:maka wrote:Esstiko wrote:5 and 10 year floated. Maybe we wait for that 150Bn roads bond they want to issue The Kenya Roads Board (KRB) has received bids from a consortium of Citi bank, Absa, Renaissance Capital, Equity Group holdings and Rand Merchant Bank seeking to arrange a Ksh 150 Billion financing plan to fund roads development, maintenance, and rehabilitation. Further, Dyer and Blair and Africa Finance Corporation submitted a joint bid. According to Bloomberg, another group led by NCBA group, Standard Chartered, Co-operative bank, and KCB Group also submitted their bids. Standard Group’s Kenyan Unit and Lion’s head also belong to this last group. Everyone thought it was a local IFB.... Chasing lower/cheaper rates.... Local market cannot swallow the 150B at ago with a longer tenure the way it is likely to be designed. Of course the 'arrangers' are also vultures in the making and plus back office deals. As per the RFP by KRB to the transaction advisors and legal arrangers, it will be issued in tranches over a four (financial) year period starting 2019/2020
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,935
|
Esstiko wrote:Angelica _ann wrote:maka wrote:Ericsson wrote:maka wrote:Esstiko wrote:5 and 10 year floated. Maybe we wait for that 150Bn roads bond they want to issue The Kenya Roads Board (KRB) has received bids from a consortium of Citi bank, Absa, Renaissance Capital, Equity Group holdings and Rand Merchant Bank seeking to arrange a Ksh 150 Billion financing plan to fund roads development, maintenance, and rehabilitation. Further, Dyer and Blair and Africa Finance Corporation submitted a joint bid. According to Bloomberg, another group led by NCBA group, Standard Chartered, Co-operative bank, and KCB Group also submitted their bids. Standard Group’s Kenyan Unit and Lion’s head also belong to this last group. Everyone thought it was a local IFB.... Chasing lower/cheaper rates.... Local market cannot swallow the 150B at ago with a longer tenure the way it is likely to be designed. Of course the 'arrangers' are also vultures in the making and plus back office deals. As per the RFP by KRB to the transaction advisors and legal arrangers, it will be issued in tranches over a four (financial) year period starting 2019/2020 Kshs. 150B over 4 years is very small amount for 'locals', surely why all the shenanigans of arrangers. This government is totally lost. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
Angelica _ann wrote:Esstiko wrote:Angelica _ann wrote:maka wrote:Ericsson wrote:maka wrote:Esstiko wrote:5 and 10 year floated. Maybe we wait for that 150Bn roads bond they want to issue The Kenya Roads Board (KRB) has received bids from a consortium of Citi bank, Absa, Renaissance Capital, Equity Group holdings and Rand Merchant Bank seeking to arrange a Ksh 150 Billion financing plan to fund roads development, maintenance, and rehabilitation. Further, Dyer and Blair and Africa Finance Corporation submitted a joint bid. According to Bloomberg, another group led by NCBA group, Standard Chartered, Co-operative bank, and KCB Group also submitted their bids. Standard Group’s Kenyan Unit and Lion’s head also belong to this last group. Everyone thought it was a local IFB.... Chasing lower/cheaper rates.... Local market cannot swallow the 150B at ago with a longer tenure the way it is likely to be designed. Of course the 'arrangers' are also vultures in the making and plus back office deals. As per the RFP by KRB to the transaction advisors and legal arrangers, it will be issued in tranches over a four (financial) year period starting 2019/2020 Kshs. 150B over 4 years is very small amount for 'locals', surely why all the shenanigans of arrangers. This government is totally lost. Must be sub 10%.... possunt quia posse videntur
|
|
|
Rank: Member Joined: 11/17/2009 Posts: 399 Location: Where everyone knows you
|
@Maka and other serious investors in T Bills / Bonds.
CBK have sent me an email, saying that we can now do all our applications, check results, check balances etc. online from your phone.
The application forms are available on their site.
This is GREAT news.
|
|
|
Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite
|
MatataMingi wrote:@Maka and other serious investors in T Bills / Bonds.
CBK have sent me an email, saying that we can now do all our applications, check results, check balances etc. online from your phone.
The application forms are available on their site.
This is GREAT news. Real good news! 
|
|
|
Rank: Member Joined: 5/6/2008 Posts: 199
|
MatataMingi wrote:@Maka and other serious investors in T Bills / Bonds.
CBK have sent me an email, saying that we can now do all our applications, check results, check balances etc. online from your phone.
The application forms are available on their site.
This is GREAT news. Do you mind sharing the email text here?
|
|
|
Rank: New-farer Joined: 6/5/2019 Posts: 19
|
Received it too. MatataMingi wrote:@Maka and other serious investors in T Bills / Bonds.
CBK have sent me an email, saying that we can now do all our applications, check results, check balances etc. online from your phone.
The application forms are available on their site.
This is GREAT news.
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
|
Esstiko wrote:Received it too. MatataMingi wrote:@Maka and other serious investors in T Bills / Bonds.
CBK have sent me an email, saying that we can now do all our applications, check results, check balances etc. online from your phone.
The application forms are available on their site.
This is GREAT news. Can one drop the application letter/form by email? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite
|
Esstiko wrote:Received it too. MatataMingi wrote:@Maka and other serious investors in T Bills / Bonds.
CBK have sent me an email, saying that we can now do all our applications, check results, check balances etc. online from your phone.
The application forms are available on their site.
This is GREAT news. Anyone already registered? is it linked to banking/Mpesa system?
|
|
|
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.
|