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79 Pages<1234>»
Treasury Bills and Bonds
mukiha
#21 Posted : Friday, November 15, 2013 1:43:23 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
digitek1 wrote:
mukiha wrote:
Aguytrying wrote:
@tbill/ bond investors.
What would you advice.
1. To buy bonds/tbills directly from CBK
2. To join a money market fund traing in tbills/bonds.

also do stock brokers/investment banks help to trade in tbills/bonds? or is it better to go direct through CBK.

regards


Note also that there are times when MMFs pay higher than the T-Bill average. Good to keep your eye on the rates regularly.

MMFs are currently ranging from 5.78 % [CBA] and 9.94% (Madison and Amana] - BUT not clear if these figures are net of wht.

Yesterday's T-Bill average was 9.979 = 8.85@ after wht.


so why not just invest in faulu?


Faulu offers fixed deposit accounts - cash not available on demand.

T-Bill is also like fixed deposit but can be traded for cash in secondary market if cash is required.

MMFs cash is available on demand; most will RTGS to your account in 72hrs

Now take your pick
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Ali Baba
#22 Posted : Friday, November 15, 2013 3:00:29 PM
Rank: Member


Joined: 8/29/2008
Posts: 570
Mukiha....stop misleading others.TBills CAN'T be traded in the secondary market currently.But one can discount them at CBK and giveaway a small percent of Your earnings ....
Impunity
#23 Posted : Thursday, December 05, 2013 6:40:05 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,305
Location: Masada
Ali Baba wrote:
Mukiha....stop misleading others.TBills CAN'T be traded in the secondary market currently.But one can discount them at CBK and giveaway a small percent of Your earnings ....


I too thought so.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

kizee1
#24 Posted : Friday, December 06, 2013 10:27:41 AM
Rank: Member


Joined: 9/29/2010
Posts: 679
Location: nairobi
Ali Baba wrote:
Mukiha....stop misleading others.TBills CAN'T be traded in the secondary market currently.But one can discount them at CBK and giveaway a small percent of Your earnings ....



this is not true, a tbill can be traded as an OTC instrument though
mukiha
#25 Posted : Monday, December 09, 2013 1:07:52 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
kizee1 wrote:
Ali Baba wrote:
Mukiha....stop misleading others.TBills CAN'T be traded in the secondary market currently.But one can discount them at CBK and giveaway a small percent of Your earnings ....



this is not true, a tbill can be traded as an OTC instrument though


And you have to forgo a significant portion of the interest! Otherwise, why should I buy from you when I can wait a few days and buy direct from CBK? You, however, might be looking at two months to maturity, and you need the cash pap.... It's a buyer's market!
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Aguytrying
#26 Posted : Monday, December 09, 2013 6:04:44 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,037
mukiha wrote:
kizee1 wrote:
Ali Baba wrote:
Mukiha....stop misleading others.TBills CAN'T be traded in the secondary market currently.But one can discount them at CBK and giveaway a small percent of Your earnings ....



this is not true, a tbill can be traded as an OTC instrument though


And you have to forgo a significant portion of the interest! Otherwise, why should I buy from you when I can wait a few days and buy direct from CBK? You, however, might be looking at two months to maturity, and you need the cash pap.... It's a buyer's market!


thanks. money market it is. cic do only yr issues only.
The investor's chief problem - and even his worst enemy - is likely to be himself
Kihara joni
#27 Posted : Monday, April 14, 2014 2:16:24 PM
Rank: Member


Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
what are the current Tbills rates? or where can I get this info
Ali Baba
#28 Posted : Monday, April 14, 2014 3:52:42 PM
Rank: Member


Joined: 8/29/2008
Posts: 570
Kihara joni wrote:
what are the current Tbills rates? or where can I get this info

Www.centralbank.go.ke
xtina
#29 Posted : Monday, May 12, 2014 10:45:11 AM
Rank: Member


Joined: 6/26/2008
Posts: 347
A diasporan friend wants to invest 3 million in tbills or bonds. What would you advise? Bills or bonds, MMF or CBK directly?
Tall Order
#30 Posted : Monday, May 12, 2014 11:07:27 AM
Rank: Member


Joined: 5/9/2014
Posts: 130
Location: Nairobi
Currently the Money Market Funds offer better returns than the T-Bills. Bonds require long term investment, which is money you don't need in the medium term.

Top MMFs are Amana Capital, Zimele, CIC, Madison Asset, Britam & GenCap.


Chaka
#31 Posted : Monday, May 12, 2014 3:21:07 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
Tall Order wrote:
Currently the Money Market Funds offer better returns than the T-Bills. Bonds require long term investment, which is money you don't need in the medium term.

Top MMFs are Amana Capital, Zimele, CIC, Madison Asset, Britam & GenCap.



Where do the MMF's invest these funds?

Tall Order
#32 Posted : Monday, May 12, 2014 4:01:24 PM
Rank: Member


Joined: 5/9/2014
Posts: 130
Location: Nairobi
In Treasury Bills and Bonds of course and diversify to include commercial paper and off-shore investments. But if they offer better returns than the T-bills and bonds, why not get them and then move your money into the T-bills when the returns are better, it is easier to break the MMF holdings than the T-bills.
The optimist
#33 Posted : Monday, May 12, 2014 4:10:42 PM
Rank: Member


Joined: 6/14/2010
Posts: 520
Location: Nairobi
Tall Order wrote:
In Treasury Bills and Bonds of course and diversify to include commercial paper and off-shore investments. But if they offer better returns than the T-bills and bonds, why not get them and then move your money into the T-bills when the returns are better, it is easier to break the MMF holdings than the T-bills.

How can they be investing in TBills and bonds and offer better returns. That does not make sense.
Chaka
#34 Posted : Monday, May 12, 2014 5:33:12 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
Tall Order wrote:
In Treasury Bills and Bonds of course and diversify to include commercial paper and off-shore investments. But if they offer better returns than the T-bills and bonds, why not get them and then move your money into the T-bills when the returns are better, it is easier to break the MMF holdings than the T-bills.

My investment at CIC returned 9.16 % p.a net for the month of April..
Jarida
#35 Posted : Monday, May 12, 2014 6:13:39 PM
Rank: Hello


Joined: 4/24/2014
Posts: 4
Location: Nairobi
Tell him to get the Jamii Bora Bonds. Returns are at 13% per annum better than the TBills.
Chaka
#36 Posted : Tuesday, May 13, 2014 8:13:47 AM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
Jarida wrote:
Tell him to get the Jamii Bora Bonds. Returns are at 13% per annum better than the TBills.

What's the tenure of this bond?

migi
#37 Posted : Tuesday, May 13, 2014 8:20:40 AM
Rank: Member


Joined: 11/19/2009
Posts: 3,142
I intend to buy kshs 2 m worth treasury bonds. 3yr maturity. How do I go about it ?
Jarida
#38 Posted : Tuesday, May 13, 2014 8:25:42 AM
Rank: Hello


Joined: 4/24/2014
Posts: 4
Location: Nairobi
Chaka wrote:
Jarida wrote:
Tell him to get the Jamii Bora Bonds. Returns are at 13% per annum better than the TBills.

What's the tenure of this bond?


The Tenure is 5 years.First 3 years the rate is Fixed at 13% then the last 2 years, the rate is variable.
Chaka
#39 Posted : Tuesday, May 13, 2014 10:09:21 AM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
migi wrote:
I intend to buy kshs 2 m worth treasury bonds. 3yr maturity. How do I go about it ?

First you need 2 have a CDS account with CBK..check today's DN smart business pg 9
kizee1
#40 Posted : Tuesday, May 13, 2014 12:44:53 PM
Rank: Member


Joined: 9/29/2010
Posts: 679
Location: nairobi
you dont necessarily need your own CDS account, banks act as agents and you could buy bills/bonds under a banks client account
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