wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

173 Pages«<149150151152153>»
Treasury Bills and Bonds
Options
Previous Topic · Next Topic
holycow
#1501 Posted : Monday, September 06, 2021 7:07:58 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
maka wrote:
Christmas comes early.... Longest IFB ... Please please if you have a CBK acc please purchase this... It will be good for secondary trading.





How do you handle secondary trading? So far, i've been doing 5 years max and holding till maturity.
Back to top
  |
Queen
#1502 Posted : Tuesday, September 07, 2021 3:30:31 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
maka wrote:
Tokyo wrote:
AndyC wrote:
sparkly wrote:
Sufficiently Philanga....thropic wrote:
pops wrote:
Anyone can guide me how to settle for a T-bill bid. I have been allocated T-bills, but do not know how to pay for them.
Any guidance would be appreciated as Monday is the deadline.


Go to your bank armed with the T/Bill Issue number, CDS account no., amount payable(you can call CBK for this and ask for National Debt Department)
Your bank will process the RTGS on your behalf, in favour of CBK. You need to go there early enough before cut-off.


Very helpful.


How does one send in an application for bonds online?


Do you have a CBK CDS account and in Diaspora ,? Download application form from CBK website,fill it and email to NDO@centralbank.go.ke.


Please make sure you have an efficient bank to process the payment if you are successful with your bid or you will have to do a proper explanation as to why you weren't able to pay on time... A few hours to go... Throw in your applications.


Done. Now waiting for the auction results. Somebody mentioned earlier on that you can apply for the bond by your bedside and I initially thought this was a joke. Indeed it is true one can take advantage of technology and do exactly that.
Kudos @Pesanane.
Back to top
WWW
  |
maka
#1503 Posted : Tuesday, September 07, 2021 7:26:38 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
holycow wrote:
maka wrote:
Christmas comes early.... Longest IFB ... Please please if you have a CBK acc please purchase this... It will be good for secondary trading.





How do you handle secondary trading? So far, i've been doing 5 years max and holding till maturity.


Ummh I just trade...🙂 Anyway once I want to offload anything I pass it to my broker who relays it to the market if we get a matching bid or anywhere slightly near ... They trade....

You have to make your CDS ready for secondary trading by filling an ATS registration.... This is taken to CBK by the broker you appoint ... You can appoint up to 5 different brokers and these are the ones who will always trade for you ... For selling you also have to fill some green sale order forms from CBK and draft a cover letter for the same....

possunt quia posse videntur
Back to top
  |
Queen
#1504 Posted : Wednesday, September 08, 2021 5:19:40 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
maka wrote:
Queen wrote:
maka wrote:
Christmas comes early.... Longest IFB ... Please please if you have a CBK acc please purchase this... It will be good for secondary trading.

https://www.centralbank....0DATED%2013-09-2021.pdf







Thanks Maka for your thumps-up on this IFB. What is your prediction on the market determined coupon rate?


Upwards of 12.50% - 12.70%

Too much liquidity in the market. This will be oversubscribed like crazy... There has been a huge upsurge of uncompetitive bids during primary auctions this will play a big part on how the competitive bids will eventually be cast... Most guys will prefer not to be too aggressive so that you don't miss out.

They might squeeze auction bid rates take a smaller amount than the 75 Bn then do a tap sale.... If this happens the drop in rates for the other IFBs will massively shift downwards...


Auction results are out. It has come in at 12.737%.
Not bad at all. Once again thanks alot @Maka. Many blessings.
Back to top
WWW
  |
maka
#1505 Posted : Wednesday, September 08, 2021 8:02:50 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Queen wrote:
maka wrote:
Queen wrote:
maka wrote:
Christmas comes early.... Longest IFB ... Please please if you have a CBK acc please purchase this... It will be good for secondary trading.

https://www.centralbank....0DATED%2013-09-2021.pdf







Thanks Maka for your thumps-up on this IFB. What is your prediction on the market determined coupon rate?


Upwards of 12.50% - 12.70%

Too much liquidity in the market. This will be oversubscribed like crazy... There has been a huge upsurge of uncompetitive bids during primary auctions this will play a big part on how the competitive bids will eventually be cast... Most guys will prefer not to be too aggressive so that you don't miss out.

They might squeeze auction bid rates take a smaller amount than the 75 Bn then do a tap sale.... If this happens the drop in rates for the other IFBs will massively shift downwards...


Auction results are out. It has come in at 12.737%.
Not bad at all. Once again thanks alot @Maka. Many blessings.


Karibu @ Queen....

possunt quia posse videntur
Back to top
  |
Tokyo
#1506 Posted : Thursday, September 09, 2021 6:40:32 AM
Rank: Veteran

Joined: 10/9/2006
Posts: 1,502
Keeping my fingers crossed while waiting for the email.
work to prosper
Back to top
  |
deadpoet
#1507 Posted : Thursday, September 09, 2021 8:55:48 AM
Rank: Member

Joined: 9/27/2006
Posts: 505
They should have done an m-akiba type of offer.
Back to top
  |
maka
#1508 Posted : Thursday, September 09, 2021 10:02:30 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Tokyo wrote:
Keeping my fingers crossed while waiting for the email.



If you went in at average you will definitely get it...

CENTRAL BANK OF KENYA - MONETARY OPERATIONS & DEBT MANAGEMENT DEPARTMENT

Successful - Bonds Bidders Report

Average Rate :12.737%

Tenor :21

Issue No :000002-717

COUPON: 12.737%

Dated :13 SEP 2021

Due Date :18 AUG 2042

This email? 🙂🙂😇
possunt quia posse videntur
Back to top
  |
Tokyo
#1509 Posted : Thursday, September 09, 2021 3:55:18 PM
Rank: Veteran

Joined: 10/9/2006
Posts: 1,502
@Maka. I went for average. They promised to send email today if successful. Still waiting..
work to prosper
Back to top
  |
maka
#1510 Posted : Thursday, September 09, 2021 5:19:47 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Tokyo wrote:
@Maka. I went for average. They promised to send email today if successful. Still waiting..


Send an email to :

primaryissues@centralbank.go.ke

Ask them for your bond bidders report for this auction

Quote your CDS no...
possunt quia posse videntur
Back to top
  |
173 Pages«<149150151152153>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.