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Treasury Bills and Bonds
Rank: Member Joined: 1/15/2010 Posts: 625
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MatataMingi wrote:Thanks @ Angelica_ann & Maka, for your input.
My BIGGEST problem if the inefficiency of CBK.
I have been investing in Bonds since 1975.
I was living in Nairobi and my office was very close to CBK.
However, I retired in 2005.
To get out of the hassle of living in Nairobi, with no job, I moved the the North Coast near Kilifi.
Therefore, every time, I need to rollover a maturing Bond/ Bill, or buy a new one, I need to travel all the way to Mombasa CBD, about 60Kms. The Mombasa CBD is worse than Nairobi in terms of traffic and general drivers - with hundreds of Boda Bodas and Tuk Tuks.
Therefore I prefer bonds - specially 2 years.
The reason? I am 71 years old, and will only invest in short term Bonds.
My questions:
- Why can't CBK make it easier for regular investors to put their bids online.
- Why can't I have have online access to my account. I currently have about 15 Bonds & Bills.
- I can't even request a statement online or by phone. I have to fill a form and deliver it to CBK.
I can do ALL the above and more online on my SCB & I & M accounts.
Rant over. You can get CBK statements by requesting them from r&rm@centralbank.go.ke
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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mv_ufanisi wrote:MatataMingi wrote:Thanks @ Angelica_ann & Maka, for your input.
My BIGGEST problem if the inefficiency of CBK.
I have been investing in Bonds since 1975.
I was living in Nairobi and my office was very close to CBK.
However, I retired in 2005.
To get out of the hassle of living in Nairobi, with no job, I moved the the North Coast near Kilifi.
Therefore, every time, I need to rollover a maturing Bond/ Bill, or buy a new one, I need to travel all the way to Mombasa CBD, about 60Kms. The Mombasa CBD is worse than Nairobi in terms of traffic and general drivers - with hundreds of Boda Bodas and Tuk Tuks.
Therefore I prefer bonds - specially 2 years.
The reason? I am 71 years old, and will only invest in short term Bonds.
My questions:
- Why can't CBK make it easier for regular investors to put their bids online.
- Why can't I have have online access to my account. I currently have about 15 Bonds & Bills.
- I can't even request a statement online or by phone. I have to fill a form and deliver it to CBK.
I can do ALL the above and more online on my SCB & I & M accounts.
Rant over. You can get CBK statements by requesting them from r&rm@centralbank.go.ke Yep highest ever.... possunt quia posse videntur
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Rank: Member Joined: 1/1/2011 Posts: 396
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maka wrote:mv_ufanisi wrote:MatataMingi wrote:Thanks @ Angelica_ann & Maka, for your input.
My BIGGEST problem if the inefficiency of CBK.
I have been investing in Bonds since 1975.
I was living in Nairobi and my office was very close to CBK.
However, I retired in 2005.
To get out of the hassle of living in Nairobi, with no job, I moved the the North Coast near Kilifi.
Therefore, every time, I need to rollover a maturing Bond/ Bill, or buy a new one, I need to travel all the way to Mombasa CBD, about 60Kms. The Mombasa CBD is worse than Nairobi in terms of traffic and general drivers - with hundreds of Boda Bodas and Tuk Tuks.
Therefore I prefer bonds - specially 2 years.
The reason? I am 71 years old, and will only invest in short term Bonds.
My questions:
- Why can't CBK make it easier for regular investors to put their bids online.
- Why can't I have have online access to my account. I currently have about 15 Bonds & Bills.
- I can't even request a statement online or by phone. I have to fill a form and deliver it to CBK.
I can do ALL the above and more online on my SCB & I & M accounts.
Rant over. You can get CBK statements by requesting them from r&rm@centralbank.go.ke Yep highest ever.... First repurcussion of IFRS9......gava paper attracts the lowest capital charge. Hence is the best rated borrower in any regulatory regime.
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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jmbada wrote:maka wrote:mv_ufanisi wrote:MatataMingi wrote:Thanks @ Angelica_ann & Maka, for your input.
My BIGGEST problem if the inefficiency of CBK.
I have been investing in Bonds since 1975.
I was living in Nairobi and my office was very close to CBK.
However, I retired in 2005.
To get out of the hassle of living in Nairobi, with no job, I moved the the North Coast near Kilifi.
Therefore, every time, I need to rollover a maturing Bond/ Bill, or buy a new one, I need to travel all the way to Mombasa CBD, about 60Kms. The Mombasa CBD is worse than Nairobi in terms of traffic and general drivers - with hundreds of Boda Bodas and Tuk Tuks.
Therefore I prefer bonds - specially 2 years.
The reason? I am 71 years old, and will only invest in short term Bonds.
My questions:
- Why can't CBK make it easier for regular investors to put their bids online.
- Why can't I have have online access to my account. I currently have about 15 Bonds & Bills.
- I can't even request a statement online or by phone. I have to fill a form and deliver it to CBK.
I can do ALL the above and more online on my SCB & I & M accounts.
Rant over. You can get CBK statements by requesting them from r&rm@centralbank.go.ke Yep highest ever.... First repurcussion of IFRS9......gava paper attracts the lowest capital charge. Hence is the best rated borrower in any regulatory regime. The liquidity level is very high. are this banks/financial institutions or fund managers/pension funds? 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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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Angelica _ann wrote:jmbada wrote:maka wrote:mv_ufanisi wrote:MatataMingi wrote:Thanks @ Angelica_ann & Maka, for your input.
My BIGGEST problem if the inefficiency of CBK.
I have been investing in Bonds since 1975.
I was living in Nairobi and my office was very close to CBK.
However, I retired in 2005.
To get out of the hassle of living in Nairobi, with no job, I moved the the North Coast near Kilifi.
Therefore, every time, I need to rollover a maturing Bond/ Bill, or buy a new one, I need to travel all the way to Mombasa CBD, about 60Kms. The Mombasa CBD is worse than Nairobi in terms of traffic and general drivers - with hundreds of Boda Bodas and Tuk Tuks.
Therefore I prefer bonds - specially 2 years.
The reason? I am 71 years old, and will only invest in short term Bonds.
My questions:
- Why can't CBK make it easier for regular investors to put their bids online.
- Why can't I have have online access to my account. I currently have about 15 Bonds & Bills.
- I can't even request a statement online or by phone. I have to fill a form and deliver it to CBK.
I can do ALL the above and more online on my SCB & I & M accounts.
Rant over. You can get CBK statements by requesting them from r&rm@centralbank.go.ke Yep highest ever.... First repurcussion of IFRS9......gava paper attracts the lowest capital charge. Hence is the best rated borrower in any regulatory regime. The liquidity level is very high. are this banks/financial institutions or fund managers/pension funds? Banks on the 2 year... FMs on the 15 year... Sasa kama wamenyima watu pesa...Businesses are failing left right and centre.... possunt quia posse videntur
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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MatataMingi wrote:Thanks @ Angelica_ann & Maka, for your input.
My BIGGEST problem if the inefficiency of CBK.
I have been investing in Bonds since 1975.
I was living in Nairobi and my office was very close to CBK.
However, I retired in 2005.
To get out of the hassle of living in Nairobi, with no job, I moved the the North Coast near Kilifi.
Therefore, every time, I need to rollover a maturing Bond/ Bill, or buy a new one, I need to travel all the way to Mombasa CBD, about 60Kms. The Mombasa CBD is worse than Nairobi in terms of traffic and general drivers - with hundreds of Boda Bodas and Tuk Tuks.
Therefore I prefer bonds - specially 2 years.
The reason? I am 71 years old, and will only invest in short term Bonds.
My questions:
- Why can't CBK make it easier for regular investors to put their bids online.
- Why can't I have have online access to my account. I currently have about 15 Bonds & Bills.
- I can't even request a statement online or by phone. I have to fill a form and deliver it to CBK.
I can do ALL the above and more online on my SCB & I & M accounts.
Rant over. Mumbradhee, The billion shilling questions are; 1. Do your envelopes containing your statements and or withholding certificates sometime have shoeprints on them? 2. Are unanswered phonecalls a staple for you at CBK? 3. Does dealing with CBK seem like wrestling a stone age Tyrannosaurus? If your answer is yep yep yep to any or all, then please stand in line with the rest of us in the CBK complaint queue where NOTHING about the above has been resolved over the past 20 years! The only thing CBK does well is deposit payments in account pap on time on the dot every single time. Hakuna kengine.
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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What if one is physically challenged or otherwise or even walking/standing is an issue due to for e,g arthritis ? MugundaMan wrote:
If your answer is yep yep yep to any or all, then please stand in line with the rest of us in the CBK complaint queue where NOTHING about the above has been resolved over the past 20 years!
The only thing CBK does well is deposit payments in account pap on time on the dot every single time. Hakuna kengine.
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Chaka wrote:What if one is physically challenged or otherwise or even walking/standing is an issue due to for e,g arthritis ? MugundaMan wrote:
If your answer is yep yep yep to any or all, then please stand in line with the rest of us in the CBK complaint queue where NOTHING about the above has been resolved over the past 20 years!
The only thing CBK does well is deposit payments in account pap on time on the dot every single time. Hakuna kengine.
 Yawa @Chaka please re-read bwana @mugandama's statement to understand. 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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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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Chaka wrote:What if one is physically challenged or otherwise or even walking/standing is an issue due to for e,g arthritis ?
Then all we can say is Lo siento, yaaani Förlåt, yaaani pole, yaaani shorry, yaaaani sinto muito, yaaani , yaani maaf, yaaani мне жаль, yaaani أنا آسِف
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