<html><head></head><body><div style="color:#000; background-color:#fff; font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:16px"><div class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69023" style="color: rgb(51, 51, 51); font-family: ColfaxRegular, 'AvantGardeGothicITCW01B 731069', 'Nimbus Sans TW01', Helvetica, sans-serif; line-height: 24px;"><div class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69025" style="margin-bottom: 15.6px; color: rgb(128, 128, 128); font-size: 17px; font-family: Georgia, 'ITC Century W01 Light'; line-height: 25px;">Some good initiative..to get Wanjiku to also participate in the T-bills</div><div class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69025" style="margin-bottom: 15.6px; color: rgb(128, 128, 128); font-size: 17px; font-family: Georgia, 'ITC Century W01 Light'; line-height: 25px;">---</div><div class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69025" style="margin-bottom: 15.6px; color: rgb(128, 128, 128); font-size: 17px; font-family: Georgia, 'ITC Century W01 Light'; line-height: 25px;">The government wants to take advantage of a nine-month low return on Treasury Bills to float the debut mobile money bond.</div></div><div class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69027" style="color: rgb(51, 51, 51); font-family: ColfaxRegular, 'AvantGardeGothicITCW01B 731069', 'Nimbus Sans TW01', Helvetica, sans-serif; line-height: 24px;"><div class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69029" style="margin-bottom: 15.6px; color: rgb(128, 128, 128); font-size: 17px; font-family: Georgia, 'ITC Century W01 Light'; line-height: 25px;">The return on a three month Treasury Bill fell to 9.060, the lowest since July last year when the rates went down to 8.2 per cent.</div></div><div class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69031"><div class="" dir="ltr" id="yiv1521900724yui_3_16_0_1_1457597899617_69033" style="color: rgb(128, 128, 128); font-family: Georgia, 'ITC Century W01 Light'; line-height: 25px; margin-bottom: 15.6px; font-size: 17px;">According to Treasury Cabinet Secretary Henry Rotich, this is the ideal time to float the M-Akiba bond that is supposed to bring in wananchi in providing financing options for government.</div><div class="" dir="ltr" id="yiv1521900724yui_3_16_0_1_1457597899617_69033" style="margin-bottom: 15.6px;"><font class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69063" color="#808080" face="Georgia, ITC Century W01 Light"><span class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69062" style="font-size: 17px; line-height: 25px;"><a rel="nofollow" shape="rect" id="yiv1521900724yui_3_16_0_1_1457597899617_69059" target="_blank" href="http://www.nation.co.ke/business/Treasury-prepares-to-issue-debut-mobile-money-bond/-/996/3107416/-/l7c4mj/-/index.html" style="color: rgb(25, 106, 212);" class="">http://www.nation.co.ke/business/Treasury-prepares-to-issue-debut-mobile-money-bond/-/996/3107416/-/l7c4mj/-/index.html</a></span></font><br clear="none" id="yui_3_16_0_1_1457597899617_81887" class=""></div><div class="" dir="ltr" id="yiv1521900724yui_3_16_0_1_1457597899617_69033" style="margin-bottom: 15.6px;"><font class="" color="#808080" face="Georgia, ITC Century W01 Light" id="yui_3_16_0_1_1457597899617_81890"><br clear="none" id="yui_3_16_0_1_1457597899617_81892" class=""></font></div><div class="" dir="ltr" id="yiv1521900724yui_3_16_0_1_1457597899617_69033" style="margin-bottom: 15.6px;"><font class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69124" color="#808080" face="Georgia, ITC Century W01 Light">--Qtns arise.</font></div><div class="" dir="ltr" id="yiv1521900724yui_3_16_0_1_1457597899617_69033" style="margin-bottom: 15.6px;"><font class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69098" color="#808080" face="Georgia, ITC Century W01 Light">Anyone in the know or can advise on:</font></div><div class="" dir="ltr" id="yiv1521900724yui_3_16_0_1_1457597899617_69033" style="margin-bottom: 15.6px;"><font class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69197" color="#808080" face="Georgia, ITC Century W01 Light">1. Will Wanjiku be allowed to participate from ANY mobile network or is this thing is ONLY available on one of the Telco players?</font></div><div class="" dir="ltr" id="yiv1521900724yui_3_16_0_1_1457597899617_69033" style="margin-bottom: 15.6px;"><font class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69199" color="#808080" face="Georgia, ITC Century W01 Light">2. What are the 'commissions' like? Will the mobile operators charge based on transaction value and yet their role is simply to deliver a simple SMS to Central Bank /Treasury servers?</font></div><div class="" dir="ltr" id="yiv1521900724yui_3_16_0_1_1457597899617_69033" style="margin-bottom: 15.6px;"><font class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69298" color="#808080" face="Georgia, ITC Century W01 Light">Ni hayo tuu.</font></div><div class="" id="yiv1521900724yqtfd19063"><div class="" dir="ltr" id="yiv1521900724yui_3_16_0_1_1457597899617_69033" style="margin-bottom: 15.6px;"><font class="" color="#808080" face="Georgia, ITC Century W01 Light" id="yui_3_16_0_1_1457597899617_81906"><br clear="none" id="yui_3_16_0_1_1457597899617_81908" class=""></font></div><div class="" dir="ltr" id="yiv1521900724yui_3_16_0_1_1457597899617_69033" style="margin-bottom: 15.6px;"><font class="" id="yiv1521900724yui_3_16_0_1_1457597899617_69296" color="#808080" face="Georgia, ITC Century W01 Light">walu.</font></div><div dir="ltr" id="yui_3_16_0_1_1457597899617_81912" class=""><font class="" color="#808080" face="Georgia, ITC Century W01 Light" id="yui_3_16_0_1_1457597899617_81914"><br id="yui_3_16_0_1_1457597899617_81916" class=""></font></div></div></div></div></body></html>