@@MM-rl1fpthanks, are there any limitations to how many bonds you can bid on? And since it's a bid process what are the chances of the bid being unsuccessful and what are the tips to having successful bids if any?
no limitation, I have 8. On the non competitive bids - below K500,000 you'd only get rejected if its been over subscribed on the competitive bids - above K500,000 you'd only get rejected if its over subscribed or if the interest rate your are demanding is too high.
@@MulutiMundale thanks.. I hope to see a video from you explaining the various terminologies used in t-bills/bonds.. like settlement date, unperformed, suspended etc.. these and such words you see on the bid invitation and through the process on the investor portal, that would be cool
I kept getting distracted by that rocking of the body though.😢
same
What is the minimum amount one can invest in.
K1000, but it makes more sense from k25, 000 and above
When your bid is successful do you need to pay the govt manually, or is the amount automatically taken from your bank account?
Automatically , the next working day which is usually on a Monday
Hi, when creating an account..it asks to submit a Signatory Mandate.. what is that?
Write your signature on a paper take a Pic and upload it
@@MM-rl1fpthanks, are there any limitations to how many bonds you can bid on? And since it's a bid process what are the chances of the bid being unsuccessful and what are the tips to having successful bids if any?
no limitation, I have 8.
On the non competitive bids - below K500,000 you'd only get rejected if its been over subscribed
on the competitive bids - above K500,000 you'd only get rejected if its over subscribed or if the interest rate your are demanding is too high.
@@MulutiMundale thanks.. I hope to see a video from you explaining the various terminologies used in t-bills/bonds.. like settlement date, unperformed, suspended etc.. these and such words you see on the bid invitation and through the process on the investor portal, that would be cool