- Banks:who offer next to nothing for fixed deposit accounts.
- NSE: With a guaranteed 7% per year, some investors might run away from the choppy waters of the NSE
- Real estate: Possibly especially when one takes into account initial outlay
However, its not an investment option for those wanting to grow their funds aggressively but only for safety purposes.
You'll need to open a CDSC account with CBK , you can buy t-bills once a week (I think its every Thursday) and you get interest paid every 3 months.
Want to know more? Go here...
3 comments:
Long time.
Could the guaranteed popularity create moral hazard through excessive borrowing?
Who? Kenyanomics-where have you been?
Gova has a huge deficit which I've been worrying about for a few months. Don't forget the $300m bond float that won't happen now.
Juzi they signalled dropping of rates.
All means we have potential inflationary issues.
This is excellent news!
I think its a good move and I shall definitely line up for the Treasury bills.
Better than buying land in Kenya!
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