Welcome back to our investment series that takes you through KCB Investment Bank’s different avenues of investing. In our last blog post, we explored the advantages of our Money Market Fund. If you missed it, don't worry. You can catch up here
This week, we're thrilled to introduce you to another investment opportunity that perfectly complements your financial portfolio: KCB Investment Bank's Treasury Bills. Just like our Money Market Fund, Treasury Bills offer a low-risk avenue to watch your money grow. Let's dive into what makes Treasury Bills an exceptional choice for investors looking for both security and good yields.
What Are Treasury Bills?
Treasury Bills (T-Bills) are government-issued debt securities that offer investors a low-risk, short-term investment opportunity. They are one of the safest investment options available because they are backed by the government's full faith and credit.
Key Features of KCB Investment Bank's Treasury Bills:
Low Risk:
When you invest in KCBIB Treasury Bills, you're choosing a low-risk option. Your investment is backed by the Kenyan government making it one of the most secure ways to grow your money.
Short Term:
Treasury Bills are designed for short-term investors. You can choose from three investment periods to suit your financial goals:
- 91-days: Ideal for those looking for a short-term investment with quick returns.
- 182-days: Offers a balance between short-term and slightly longer-term investment.
- 364-days: Perfect for investors seeking a more extended short-term investment horizon.
Interest Paid Upfront:
Treasury bills earn returns in form of a discount due to their short tenure. The discount/interest is enjoyed upfront at the point of purchase. For instance, if you purchase T-bills worth 1 million shillings, you will pay Kshs. 900,000 and the Kshs. 100,000 becomes your return/interest.
Minimum Investment Amount:
To start your journey with KCBIB Treasury Bills, all you need is a minimum investment amount of Kshs. 500,000.
Competitive Returns:
At KCB Investment Bank, we offer competitive interest rates on our Treasury Bills ensuring your investment works hard for you. Here are the current annual returns:
- 91-days: 12.20% per annum.
- 182-days: 12.30% per annum.
- 364-days: 11.39% per annum.
If you're looking for a secure, short-term investment with the potential for high returns, KCB Investment Bank's Treasury Bills are the perfect choice. Whether you're saving for a specific goal or simply want to grow your wealth, our Treasury Bills can help you achieve your financial aspirations.
How Do I get Started?
Investing in KCBIB’s Treasury Bills is a straightforward process. You can visit any of our branches or contact our dedicated team via Wealthmanagement@kcbgroup.com to get started. Once you've made your investment, you'll start earning interest immediately and you can choose the investment period that best aligns with your financial goals.