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T-bill advise
Rank: Member Joined: 2/7/2014 Posts: 155
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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Ericsson wrote:Money was stolen from coffers and used to buy the short term treasury bills. Upon maturity the principal amount will be returned while interest will be pocketed. manipulation manipulation I called it MONEYPULATION just yesterday...it has come out as true! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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CBK fixing rates ahead of KBRR reset in January. Its all politics, zero economics. Business opportunities are like buses,there's always another one coming
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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KulaRaha wrote:CBK fixing rates ahead of KBRR reset in January. Its all politics, zero economics. KBRR is a useless thing. With the bank's loan interest rate function being KBRR + K, banks are controlling the interest rates via the variable K.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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mwekez@ji wrote:KulaRaha wrote:CBK fixing rates ahead of KBRR reset in January. Its all politics, zero economics. KBRR is a useless thing. With the bank's loan interest rate function being KBRR + K, banks are controlling the interest rates via the variable K. Yeah, but if you keep KBRR stable, then you can blame the banks for the current high rates. Economics via politics. Business opportunities are like buses,there's always another one coming
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Rank: Member Joined: 8/17/2007 Posts: 294
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Why hasn't CBK uploaded the auction results of last week's 91 Day result? Where are people getting this 13%? [/quote]
There are people in Wazua who know people!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Impunity wrote:Ericsson wrote:Money was stolen from coffers and used to buy the short term treasury bills. Upon maturity the principal amount will be returned while interest will be pocketed. manipulation manipulation I called MONEYPULATION just yesterday...it has come oout as true! Let's wait and see which banks will have a huge spike in GOK paper holdings Life is short. Live passionately.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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instinct wrote:
Why hasn't CBK uploaded the auction results of last week's 91 Day result? Where are people getting this 13%?
There are people in Wazua who know people! [/quote] 13.7369% Thereabout.... possunt quia posse videntur
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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KulaRaha wrote:mwekez@ji wrote:KulaRaha wrote:CBK fixing rates ahead of KBRR reset in January. Its all politics, zero economics. KBRR is a useless thing. With the bank's loan interest rate function being KBRR + K, banks are controlling the interest rates via the variable K. Yeah, but if you keep KBRR stable, then you can blame the banks for the current high rates. Economics via politics. Agreed. Zero economics as you say.
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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sparkly wrote:Impunity wrote:Ericsson wrote:Money was stolen from coffers and used to buy the short term treasury bills. Upon maturity the principal amount will be returned while interest will be pocketed. manipulation manipulation I called MONEYPULATION just yesterday...it has come oout as true! Let's wait and see which banks will have a huge spike in GOK paper holdings StanChart I suppose! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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