*Basic notes on treasury bonds and bills* Investing in treasury bills and bonds is lending money to the government *Treasury bonds* 1. Bonds are offered every month. See newspapers or cbk website 2. Their maturity is 2yrs and above 3. Bonds vary: fixed (10%/15% withholding tax) or infrastructure (tax free) 4. Minimum investment is 50,000 known as face value. Maximum is 20m for individuals per bond on offer. 5. Interest is paid to your bank account twice a year, until maturity of the bond e.g. if interest p.a. is 20,000...you get 10,000 every six months, paid directly to your bank on the due date, mostly a Monday 6. Good for capital preservation while earning passive income 7. It gives your money work to do 8. Think longterm. You could arrange it such that you receive payouts every month *Treasury bills/T-bills* 1. T-bills are issued on weekly basis, throughout the year. See cbk website and newspaper 2. Maturity ranges from 91, 182, 362 days 3. There is 15% withholding tax 4. Minim...