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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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I opened a cds with cbk 2 years ago during the high yield rate but never got to bid successfully. Now I want to get back. Is there a penalty for dormancy? For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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Why the insistence on investors with ACTIVE CDS accounts? For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Member Joined: 5/6/2011 Posts: 391 Location: Nairobi
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winmak wrote:I opened a cds with cbk 2 years ago during the high yield rate but never got to bid successfully. Now I want to get back. Is there a penalty for dormancy? No penalty,just apply afresh to reactivate your account. Welcome to modernity. "You can't have everything. Where would you put it?" - Stephen Wright
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Speculz wrote:winmak wrote:I opened a cds with cbk 2 years ago during the high yield rate but never got to bid successfully. Now I want to get back. Is there a penalty for dormancy? No penalty,just apply afresh to reactivate your account. Welcome to modernity. You have to visit CBK and re do the mandate form Sucks...and is a waste of time... possunt quia posse videntur
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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Thanks a lot good people For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Morning everyone... Sent the implied yields and yield curve for last week... possunt quia posse videntur
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Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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maka wrote:Speculz wrote:winmak wrote:I opened a cds with cbk 2 years ago during the high yield rate but never got to bid successfully. Now I want to get back. Is there a penalty for dormancy? No penalty,just apply afresh to reactivate your account. Welcome to modernity. You have to visit CBK and re do the mandate form Sucks...and is a waste of time... You can also instruct your bank to bid on your behalf.Most banks charge a commission of 0.25% of the bid amount(min1500-5000max).I did this awhile back via cfcstanbic and the convinience is totally worth it.This doesn't require you to have an active CBK account btw. Never lose your position in a bull market,BTFD.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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mamilli wrote:maka wrote:Speculz wrote:winmak wrote:I opened a cds with cbk 2 years ago during the high yield rate but never got to bid successfully. Now I want to get back. Is there a penalty for dormancy? No penalty,just apply afresh to reactivate your account. Welcome to modernity. You have to visit CBK and re do the mandate form Sucks...and is a waste of time... You can also instruct your bank to bid on your behalf.Most banks charge a commission of 0.25% of the bid amount(min1500-5000max).I did this awhile back via cfcstanbic and the convinience is totally worth it.This doesn't require you to have an active CBK account btw. But why should i pay 0.25% when i can get the thing for free? Rather without charge... possunt quia posse videntur
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Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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maka wrote:mamilli wrote:maka wrote:Speculz wrote:winmak wrote:I opened a cds with cbk 2 years ago during the high yield rate but never got to bid successfully. Now I want to get back. Is there a penalty for dormancy? No penalty,just apply afresh to reactivate your account. Welcome to modernity. You have to visit CBK and re do the mandate form Sucks...and is a waste of time... You can also instruct your bank to bid on your behalf.Most banks charge a commission of 0.25% of the bid amount(min1500-5000max).I did this awhile back via cfcstanbic and the convinience is totally worth it.This doesn't require you to have an active CBK account btw. But why should i pay 0.25% when i can get the thing for free? Rather without charge... Keyword is CONVINIENCE,but i get your point. Never lose your position in a bull market,BTFD.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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mamilli wrote:maka wrote:mamilli wrote:maka wrote:Speculz wrote:winmak wrote:I opened a cds with cbk 2 years ago during the high yield rate but never got to bid successfully. Now I want to get back. Is there a penalty for dormancy? No penalty,just apply afresh to reactivate your account. Welcome to modernity. You have to visit CBK and re do the mandate form Sucks...and is a waste of time... You can also instruct your bank to bid on your behalf.Most banks charge a commission of 0.25% of the bid amount(min1500-5000max).I did this awhile back via cfcstanbic and the convinience is totally worth it.This doesn't require you to have an active CBK account btw. But why should i pay 0.25% when i can get the thing for free? Rather without charge... Keyword is CONVINIENCE,but i get your point. What happens when it comes to disposing...You hv to contact the bank? possunt quia posse videntur
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