@ smano.. what about the fixed management fees and othe levies on entry/withdrawal


Me first,U next

Two things to bear in mind:


The rates quoted by Money Market Unit Trusts are NET; i.e.,after deduction of management fees.
CBK bonds come in units of sh100k....so you cannot invest 8k per month here...you'd have to save the cash for a year first to accumulate the 100k


Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

MUKIHA

Don't frighten our prospective CBK bonds investor.CBK bonds are sold in multiples of shs.50,000 and are discounted in most cases.This means you pay the principle less interest,then add back taxes.Treasury bills are the ones which are sold with minimum investment of shs 100,000.


Ali Baba

@Ali Baba;

I stand coLLected.

Thank for pointing that out. I'd forgotten they lowered the threshhold for bonds [from 100k to 50k]...and also for bills [from1m to 100k]


Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

CRL

CBK bonds were sold in the recent past for minimum period of one year.However,with the entry of One year treasury bills,they(one yr) bonds are unlikely scenario now.They are advertised each month by CBK in the press /or you can get a prospectus from them or their website.If you want to pay fees after four years,just wait for a bond of about two-three years tenor and invest.Their interests vary depending on prevailing market rates.The current bond is a 15 yrs one with 12.5% interest ....and it can get higher sometimes....Keep checking the CBK website (Treasury bonds prospectus/results) until you see the bond you are interested in.


Ali Baba