[quote=Liv][quote=maka][quote=gatoho][quote=Liv][quote=AndyC]Broke or not the government is clearly not interested in expensive money. They offer 40B receive bids of 55.7B and cherry pick 5B . The institutions must have demanded a higher interest rate. Maybe loaning to Shiku at 14% ain't so bad![/quote]
Tap sale pap[/quote]
I thought tap happens when undersubscribed [/quote]
https://www.centralbank.go.ke/uploads/treasury_bonds_prospectuses/1619893230_TAP%20SALE%20January%202018%20IFB1-2018-015%20dated%2005-02-2018.pdf[/quote]
They wanted Kes 35B ...they got Kes 36B[/quote]
Kumbe pesa iko, Njoroge amekaa ngumu. He has really tamed bond vultures, would be doing well above 15%, headed to 20%!!!! Yawa, isorite!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen