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Angelica _ann		#941 Posted : Wednesday, October 17, 2018 11:51:34 AM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		Treasury Bills on Offer 91-DAY Issue Number: 2287/091 Auction Date 18th October, 2018 Previous Average Interest Rate:7.594 Value Date: 22nd October 2018 182-DAY Issue Number: 2260/182 Auction Date: 18th October 2018 :Previous Average Interest Rate 8.500 Value Dated: 22nd October 2018 364-DAY Issue Number: 2201/364 Auction Date: 18th October 2018 Previous Average Interest Rate: 9.607 Value Dated: 22nd October,2018 This is a total squeeze by Njoro yawa!!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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MugundaMan		#942 Posted : Wednesday, October 17, 2018 3:16:50 PM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		maka wrote: That's the other issue... They really need to have a proper alternative arrangement for that... Since when you open your account... You have your ID card.... Pin.... Your bank confirms that you are it's customer etc.... Interesting bit is diaspora guys can open accounts by sending their info via email (scanned copies et al)... Also the issue of them calling you when you are selling at the secondary market... It's not necessary... A proper secure platform can solve all these issues... It will also reduce the turnaround trading time.... CBK is stone age my broda. I don't understand why in this age of mpesa, ejijipay, jambonet, pesapal, trading shares on the NSE online and so on, A WHOLE CBK cannot even provide simple online access to one's treasury bonds or bills account. Even CDSC is far ahead of them on this. All I get is crumpled letters in my mail from them. Some of them are many months old! And for some reason some of the cbk letters have footprints.. Yes footprints on them! And the bidding is also stone age except for diaspora who can bid via email as you pointed out. I think they still use rotary phones hapo pia because on bidding days or results days nobody picks up! Bure ghabisa!
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Chaka		#943 Posted : Wednesday, October 17, 2018 3:32:17 PM
Rank: Elder Joined: 2/16/2007 Posts: 2,114		,footprints or shoeprints? MugundaMan wrote: CBK is stone age my broda. I don't understand why in this age of mpesa, ejijipay, jambonet, pesapal, trading shares on the NSE online and so on, A WHOLE CBK cannot even provide simple online access to one's treasury bonds or bills account. Even CDSC is far ahead of them on this. All I get is crumpled letters in my mail from them. Some of them are many months old! And for some reason some of the cbk letters have footprints.. Yes footprints on them! And the bidding is also stone age except for diaspora who can bid via email as you pointed out. I think they still use rotary phones hapo pia because on bidding days or results days nobody picks up! Bure ghabisa!
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maka		#944 Posted : Wednesday, October 17, 2018 3:38:50 PM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		MugundaMan wrote: maka wrote: That's the other issue... They really need to have a proper alternative arrangement for that... Since when you open your account... You have your ID card.... Pin.... Your bank confirms that you are it's customer etc.... Interesting bit is diaspora guys can open accounts by sending their info via email (scanned copies et al)... Also the issue of them calling you when you are selling at the secondary market... It's not necessary... A proper secure platform can solve all these issues... It will also reduce the turnaround trading time.... CBK is stone age my broda. I don't understand why in this age of mpesa, ejijipay, jambonet, pesapal, trading shares on the NSE online and so on, A WHOLE CBK cannot even provide simple online access to one's treasury bonds or bills account. Even CDSC is far ahead of them on this. All I get is crumpled letters in my mail from them. Some of them are many months old! And for some reason some of the cbk letters have footprints.. Yes footprints on them! And the bidding is also stone age except for diaspora who can bid via email as you pointed out. I think they still use rotary phones hapo pia because on bidding days or results days nobody picks up! Bure ghabisa! Tell me about it...I never even open the letters... They have totally refused to change, I dont know what can help them... possunt quia posse videntur
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MugundaMan		#945 Posted : Wednesday, October 17, 2018 4:06:40 PM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		Chaka wrote: ,footprints or shoeprints? Shoeprints Thanks for the correction. Makes you wonder if they have so much time they engage in vigorous rhumba over them in the mailing room before they send them out!
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tandich		#946 Posted : Wednesday, October 17, 2018 4:08:58 PM
Rank: Member Joined: 5/6/2008 Posts: 199		RSA Retail Savings Bonds They don’t have to look far for good examples
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MugundaMan		#947 Posted : Wednesday, October 17, 2018 4:09:06 PM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		maka wrote: MugundaMan wrote: maka wrote: That's the other issue... They really need to have a proper alternative arrangement for that... Since when you open your account... You have your ID card.... Pin.... Your bank confirms that you are it's customer etc.... Interesting bit is diaspora guys can open accounts by sending their info via email (scanned copies et al)... Also the issue of them calling you when you are selling at the secondary market... It's not necessary... A proper secure platform can solve all these issues... It will also reduce the turnaround trading time.... CBK is stone age my broda. I don't understand why in this age of mpesa, ejijipay, jambonet, pesapal, trading shares on the NSE online and so on, A WHOLE CBK cannot even provide simple online access to one's treasury bonds or bills account. Even CDSC is far ahead of them on this. All I get is crumpled letters in my mail from them. Some of them are many months old! And for some reason some of the cbk letters have footprints.. Yes footprints on them! And the bidding is also stone age except for diaspora who can bid via email as you pointed out. I think they still use rotary phones hapo pia because on bidding days or results days nobody picks up! Bure ghabisa! Tell me about it...I never even open the letters... They have totally refused to change, I dont know what can help them... It's unfortunate. I hope someone from CBK is reading this thread so they can tell their bosses we have been suffering for ages!
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Chaka		#948 Posted : Wednesday, October 17, 2018 6:35:49 PM
Rank: Elder Joined: 2/16/2007 Posts: 2,114		BTW,are CBK employees allowed to participate in TBill auctions?
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MugundaMan		#949 Posted : Wednesday, October 17, 2018 8:15:02 PM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		Chaka wrote: BTW,are CBK employees allowed to participate in TBill auctions? I would imagine so. I do not see any conflict of interest unless they sneak their bids (whether competitive or non) into the system beyond the cutoff date/time, but that would be a criminal offence IMHO
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maka		#950 Posted : Wednesday, October 17, 2018 8:21:11 PM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		MugundaMan wrote: Chaka wrote: BTW,are CBK employees allowed to participate in TBill auctions? I would imagine so. I do not see any conflict of interest unless they sneak their bids (whether competitive or non) into the system beyond the cutoff date/time, but that would be a criminal offence IMHO True... possunt quia posse videntur
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