2009-01-29 | 619154884

Banking Circular No 1 of 2009 - Confirmation of secondary trading transactions for government securities

The Central Bank of Kenya is notifying all commercial banks that confirmations of secondary trading transactions for government securities must be submitted via SWIFT message type MT599. This new procedure aims to enhance efficiency and safety in these transactions and is part of the bank's efforts to fully automate all aspects of transactions in government securities. For queries, banks are directed to contact the Director of Monetary Operations and Debt Management Department.

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trading
monetary