Outstanding Stock of Treasury Bonds by Holders

Post Date: 10 July 2019   |   Category: General   |   Hits: 2136

(Proportions of the nominal trends) 

Source: National Treasury | Annual Public Debt 2017-18

Treasury bonds are a secure, medium- to long-term investment tools that typically offer periodic interest payments semiannually throughout the bond’s life. The Central Bank auctions Treasury bonds on a monthly basis, but offers a variety of bonds throughout the year, so prospective investors should regularly check for upcoming auctions. Outstanding Treasury Bonds increased by 11.2 per cent to Ksh 1,152,041 million in June 2016 from Ksh 1,035,662 million in June 2015. In the same period, the holdings by commercial banks and pension fund institutions increased by 17.8 per cent (dominating the portfolio by 48.6 per cent of total outstanding Treasury bonds stock) and 18.2 per cent.in June 2017 the proportional nominal trends show a slight decrease in banks purchase of treasury bonds and an increase in the purchase of treasury bonds by pension funds including the NSSF.