Buying kenyan government bonds

M-Akiba is a Government of Kenya issued retail bond that seeks to enhance financial inclusion for economic development. Money raised from issuance of M-Akiba shall be dedicated to infrastructural development projects, both new and on-going.

The procedure of buying bonds in Kenya is as simple as buying shares but the only difference is that bonds require slightly higher minimum investment capital than shares. In Kenya, the ideal amount of money required to buy bonds is Ksh50, 000,but if you have more, you can confidently invest in the securities. The Kenya 10Y Government Bond has a 12.667% yield. 10 Years vs 2 Years bond spread is 223.5 bp. Normal Convexity in Long-Term vs Short-Term Maturities. Central Bank Rate is 8.25% (last modification in January 2020). The Kenya credit rating is B+, according to Standard & Poor's agency. Buying a bond is like lending your money to the issuer for a specific period of time. So, if you bought a Ksh. 1 million bonds from the government, you would be lending the government Ksh. 1 million. The maturity date is the time when the loan becomes due. What are the benefits of investing in M-Akiba retail bond? 1. M-Akiba Bond is a low-risk savings/investment product as it is backed by the financial might of the government. 2. Its minimum investment amount is Ksh 3,000 compared to the Ksh 50,000 minimum amount expected of investors buying the other government bonds. Traditionally, investing in government bonds required buyers to make a large minimum investment (100,000 Kenyan Shillings or US$1,000) and set up a special account with the Central Bank of Kenya. However, Kenya passed legislation in 2015 that lowered the minimum investment in treasury bills to KES 3,000 (US$30). Central bank of Kenya has multiple interests in the development of bond markets. At a fundamental level the government Treasury bond helps to fund budget deficits. It is important to note that Central Bank of Kenya has increased its issuance of long-term Treasury bonds currently with 12-year tenor thus increasing the maturity period of government debt.

18 Feb 2020 Through the SC Mobile App client will be able to buy or sell local currency government bonds and treasury bills without the hustle of visiting a 

Follow this step-by-step guide to invest in Treasury bonds through the Central Bank: Open a CDS Account; The first step to investing in Treasury bills is to open a CDS account with the Central Bank. It is free to open these accounts, which are how the Central Bank keeps track of who holds which government securities. Kenyan citizens will soon be able to buy government bonds on their cell phones. Kenya’s Treasury said today that the M-Akiba bond, the world’s first mobile-only government bond, would go on Kenya will start selling a mobile-phone based government bond this week, the Treasury said on Tuesday, the culmination of a lengthy plan to tap a new pool of investors into government securities. This calculator allows you to determine the price of a bond that is re-opened or sold on the secondary market. Find the bond’s coupon rate, maturity date and issue date using our Treasury Bonds Results table above. Treasury Bonds are medium to long term debt instruments, usually longer than one year issued by the government to raise money in local currency. Maturities of Treasury Bonds that have been issued so far range from 1-30 years. What Types of Treasury Bonds Issued by Government of Kenya? The types of Treasury bond may be […]

7 Feb 2020 The Central Bank of Kenya (CBK) has announced the rollout of a mobile-based service Place applications/bids for Treasury Bills and Treasury Bonds. Receive Citi Issues Strong Buy Recommendation on Safaricom Stock.

Central bank of Kenya has multiple interests in the development of bond markets. At a fundamental level the government Treasury bond helps to fund budget deficits. It is important to note that Central Bank of Kenya has increased its issuance of long-term Treasury bonds currently with 12-year tenor thus increasing the maturity period of government debt. Find the bond’s coupon rate, maturity date and issue date using our Treasury Bonds Results table above. You’ll find a full schedule of the bond’s interest payments in its prospectus, which you can search for in our Treasury Bonds Prospectuses table above. M-Akiba is a Kenyan Government issued retail bond. It’s a mobile traded bond and all activities relating to registration, trading, settlement will be via a mobile platform. The bonds can be bought via M-pesa and Airtel Money. The target Amount is Ksh. M-Akiba is a Government of Kenya issued retail bond that seeks to enhance financial inclusion for economic development. Money raised from issuance of M-Akiba shall be dedicated to infrastructural development projects, both new and on-going. The procedure of buying bonds in Kenya is as simple as buying shares but the only difference is that bonds require slightly higher minimum investment capital than shares. In Kenya, the ideal amount of money required to buy bonds is Ksh50, 000,but if you have more, you can confidently invest in the securities.

18 Feb 2020 “Through the SC Mobile App clients will be able to buy or sell local currency government bonds and treasury bills without the hustle of visiting a 

25 Jun 2019 Listed banks in Kenya registered lower profits in the three months to March 31, after heavy investments in government securities went bust,  8 Nov 2019 Investment managers will buy and sell shares, bonds and other assets in order to The Kenyan Government promotes a mixed economy composed of both  study, Kenya has recently launched a Government bond leveraging mobile phone technology to promote Buy or sell orders are placed exclusively via mobile  NIC Securities facilitates the buying and selling of existing treasury and corporate bonds in the secondary market on behalf of our clients on the Nairobi 

M-Akiba is a Government of Kenya issued retail bond that seeks to enhance financial inclusion for economic development. Money raised from issuance of M-Akiba shall be dedicated to infrastructural development projects, both new and on-going.

Find the bond’s coupon rate, maturity date and issue date using our Treasury Bonds Results table above. You’ll find a full schedule of the bond’s interest payments in its prospectus, which you can search for in our Treasury Bonds Prospectuses table above.

market for government paper: 85% of customers had never bought a bond before and buyers were distributed across virtually all of Kenya's 47 counties. 4 Oct 2019 Kenya, with support from the UK government, closed its first ever green bond guarantee to reduce the risk to investors who buy into the bond.