Regulatory Alerts2008-12-16
Banking Circular No 8 of 2008 - Reduction of the threshold for investments in Treasury Bills in the primary market
In response to limited access for small investors in Kenya's Treasury Bills market, the Central Bank of Kenya has decided to reduce the investment threshold from Kshs 1 million to Kshs 100,000, beginning January 2009. The minimum investment amount for Treasury Bonds will remain at Kshs 50,000. Commercial banks and non-bank financial institutions are requested to prepare for this development and inform their investors accordingly. Any enquiries or clarifications should be directed to the Director of Monetary Operations and Debt Management Department.
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monetary
advisory
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