Pls can you share the next step.. how to make the payment for treasury bond
@iannene7503 ай бұрын
I made my payment but on dhowcsd it says pending transaction. Or does it start reflecting after deadline given by CBK?
@cheruiyotdaniel763111 ай бұрын
Hi there. Why is there only competitive bid?
@EVAMTALII11 ай бұрын
Because this is a Tap sale. This refers to the process of CBK issuing new securities on top of existing bonds at a later time after the initial issuance has taken place. This allows CBK to sell bonds to raise further funds without creating an entirely new bond series. The additional placement maintains the same terms and characteristics as the original bonds, such as face value, maturity date, and coupon rate. It is essentially a way for CBK to tap into the same bond issue again to secure more financing, leveraging the groundwork laid by the initial issuance.