Still doesnt make sense, in order to enjoy the 20% interest you have to rollover, so say you got into the 91 then the market starts ticking up, do you cash out?? You will have gotten just 5%!! And by the way can you cash out say at the second month or you have to stay put till the 91 days are up? This kind of investing would only make sense at the beginning of a bear/ depression not towards the end.

@Nabwire - It depends with your investment ideology. Last yr my equity exit trigger was if the USDKES struck 90. Once that happened, I got off the market & went to tbills. Yes, the returns are not as rosy as equities, but my preference is capital preservation. I'm also not into buy & hold, but more of a trader thus capital gains appeals to me than dividends. As you state, one can be left by the bus during recovery, but that's a calculated risk. On 182 & 364 day bills, it gets tricky since the bull could have gained some distance.

Exactly where I am.
And I staggered my T/Bills too - Didnt tie all my cash in one T/Bill. I have different ones maturing at different times to prevent all of it being tied up for 91 days.
@ Nabwire...there's been a thread running here on how to tell when the stock market has bottomed - a bit like reading tea leaves - no one can tell when. When the interest rates on government securities begin to fall, I'll look to see how the stock market is behaving.

I think you are either unfamiliar with T/bills or you are just trying to scare pple out so that you can gain from them alone...which risk free investment currently can give you 20% return P.a hustle free.

The T/bills are discounted hence you get your cash upfront then wait for your face value cash.

I am going to buy 182 day T/bill with the minimum amount (100k) which means at a price of 90 per 100 am going to pocket around 9k upfront and wait for my 100k in 6 month..this is sweet...although I think the upcoming issues will be more delicious...but for now am plunging in.

you can actually recall you T/bill b4 the maturity date but CBK will penalize you for that.

As inflation eases so will the t.bill rates as dividend yields compound by a further 20%