@@MukonkiMukonkela is it possible to have more than one settlement bank account to use? Or should the user just maintain only one account? I have a joint with my wife and an individual account that I would like to be using for these investments. Please let me know. Thank you.
God Bless you. You're straight to the point and you don't charge like some other people, you have a genuine interest in the well-being of your fellow countrymen.
Thank you for the information, Mukonki, very educative. If a customer places a bid and does not have sufficient money in their account, I think the Bank remains your broker, and at some point, they approve your bid. So, if your account does not have sufficient money when placing the bid, your Bank can reject your bid unless you use the money in your account after approval and before the auction day. I suggest that Banks be locking the money BOZ will have to deduct until the bid has passed. But again, it is irresponsible of an investor to do that knowing that they are participating in a bid and using the money after the Bank's approval.
Good evening. The explanation is clear. I want clarification on competitive bid. How does one choose the yield on the new Investor Portal after placing the face value. Here I mean the yield that is within range in order to successfully participate. Thank you in anticipation
I have manage to create a cds account am having a challenge on start the process of buying of government bonds when I go to my auction it's saying they are no auction available what should I do ?
It's an image showing your signature! In PNG format. I had this problem too but I just uploaded an image of my signature and it worked this time around. Hope it helps you!
Hi, there. I just watched your video. Nice steps. But I have a question. When does one know how much their coupon will be? If say I want to invest a K50,000 what will my coupon after six months be and how much will my money be after a period of five years (excluding the coupons)?
Thank you mukonki for this important piece of information about bidding, I want to ask how long does it take for a CSD account to be approved, I would like to open this coming week so that I bid in November
I applied this morning around 08:00 AM and by 09:30 AM I got a response about my application. Made a mistake on my account number. Put a "-" which was not supposed to be there. I corrected it and resubmitted. It didn't take long for them to approve. Within two hours it was done so it shouldn't take very long. That landline is a no go area! They rarely answer probably due to congestion!
Been having issues creating a CSD account, my submissions have beem rejected with and error message saying; actual address ans city required. But I have provided those details. Anyone come across this issue ?
Good morning madam. Under the Investor Portal, if I click competitive bid because my cost value is K499,999 do I have to choose my own interest rate? I want to participate during the month of November. Or which interest rate is safer?
Hello Mukonki, I'm trying to open a CSD account but there is a part that needs me to upload a signatory mandate. How do I go about that? I'm lost on that part.
On the portal the account number that comes up is the CSD account number with BOZ. Thats all thats needed. BOZ has your bank details from the CSD application form. So the account number you had indicated on the CSD application form is the one BOZ will use. To use a different bank account, you need to apply to amend the bank details.
How do they open a BOZ account?? And how much is deducted from the account for a face value of k100,000?? Lastly after opening my BOZ account, how do I then transfer money into this account. Thank you I'm hoping to hear from you soon
Are there no cheaper bonds for a woman who sells on the market. Suppose they have only K20,000? 2. Can one purchase bonds twice or thrice in a year. Reason is to simply create a monthly income. 3. What happens to the money when a bond bidder dies?
Hey. Thanks I managed to place my bid. Thanks BOZ and thanks Mukonki
Glad I could help!
@@MukonkiMukonkelaand it has even been approved. Agony to us investment addicts kkkkkkkk it's now invest after invest.
@MukonkiMukonkela is it a duplicate if u applied already via email with a letter of guarantee, then u go ahead and also apply using portal
@@MukonkiMukonkela is it possible to have more than one settlement bank account to use? Or should the user just maintain only one account? I have a joint with my wife and an individual account that I would like to be using for these investments. Please let me know. Thank you.
God Bless you. You're straight to the point and you don't charge like some other people, you have a genuine interest in the well-being of your fellow countrymen.
God bless you too. Thanks
Thank you very much Ms Mukonki
Your video is very informative
Thank you for the information, Mukonki, very educative. If a customer places a bid and does not have sufficient money in their account, I think the Bank remains your broker, and at some point, they approve your bid. So, if your account does not have sufficient money when placing the bid, your Bank can reject your bid unless you use the money in your account after approval and before the auction day. I suggest that Banks be locking the money BOZ will have to deduct until the bid has passed. But again, it is irresponsible of an investor to do that knowing that they are participating in a bid and using the money after the Bank's approval.
Thats Right Keegan. I'm in the process of doing another video to explain this very point you have explained really well.
Looking forward to the video@@MukonkiMukonkela
Good morning madam. Thank you for your video which has clarity. Kindly post a video that'll explain the new Boz policy for the 2024 bidding changes.
Beautiful explanations. You are always helpful…
Thanks for sharing this important information 👏
Very helpful. My interest is what happens next after your bid is successful. It asked to select a custodian. How does one proceed from this point on
Thank you ever so much, quick one, Fo the csd membership application, I have to take the hardcopy to boz
No. Just email a scanned copy to governmentsecurities@boz.zm
@@MukonkiMukonkela you a life saver
@@MukonkiMukonkela hi again I did as bid but my email was blocked, recipient's address unacceptable 😭
Hi Mukonki, hope you are well.. would you kindly talk about peer to peer lending?
I was waiting for this video from you...I have downloaded it.
Good evening. The explanation is clear. I want clarification on competitive bid. How does one choose the yield on the new Investor Portal after placing the face value. Here I mean the yield that is within range in order to successfully participate. Thank you in anticipation
Thanks for the question. It's well noted.
Hi madam i was charged twice when bidding for a bond is there a handling or transaction fee? seems suspicious
Thanks for sharing I learnt a lot from your videos
Glad to hear that!
May God bless you for this help. HAVE YOU RECEIVED THE AWARD NOTICE? AND HOW LONG DID IT TAKE?
Yes I've received the award notice. It came on Monday. The auction was on Friday 27th Oct. I'll do an update video
Thank you@@MukonkiMukonkela . I successfully bid for my bond still can not locate the award notice
Where's the award notice or the video? I want to know a few things about the coupons using this application system.
Kindly do a video on how to submit a bid for treasury bill. Many thanks
Will do
Thank you. You are doing a great job.
Can you use the same CDS account to invest in treasuary bills?
Having challenges opening my csd account
Thanks Mukonki we are now totally independent. Getting a letter of guarantee has been a hussle.
Yes! I have always dreaded that because the banks want to bid for you so that they get their commission of 1%!
I have manage to create a cds account am having a challenge on start the process of buying of government bonds when I go to my auction it's saying they are no auction available what should I do ?
What is a signatory mandate and where do i get it?
Great insight. Grateful
It's an image showing your signature! In PNG format. I had this problem too but I just uploaded an image of my signature and it worked this time around. Hope it helps you!
Hi, there. I just watched your video. Nice steps. But I have a question. When does one know how much their coupon will be? If say I want to invest a K50,000 what will my coupon after six months be and how much will my money be after a period of five years (excluding the coupons)?
Thanks Mukonki 🎉
You're welcome :)
mukonki you are the best
Thanks 😊😊
what is face value amount ?
Thank you mukonki for this important piece of information about bidding, I want to ask how long does it take for a CSD account to be approved, I would like to open this coming week so that I bid in November
It depends sometimes they're fast. Keep checking on them using this number, it goes straight to the government securities department 0211 399 399
I applied this morning around 08:00 AM and by 09:30 AM I got a response about my application. Made a mistake on my account number. Put a "-" which was not supposed to be there. I corrected it and resubmitted. It didn't take long for them to approve. Within two hours it was done so it shouldn't take very long. That landline is a no go area! They rarely answer probably due to congestion!
Been having issues creating a CSD account, my submissions have beem rejected with and error message saying; actual address ans city required. But I have provided those details. Anyone come across this issue ?
Great Stuff......so is the K100,000 what will be deducted from your account or what will be paid to you after 15 years?
The K100,000 will be the amount paid to you after 15yrs
so what was the cost value for k100000 face value you placed? Thanks for your very informative videos I have learnt a lot
54 014.13
And how much was the coupon?
Thank you for your informative channel. I went to forget password and entered my email address but haven't received my passcode. What do I do?
Do you already have a csd account?
Is there any similar video for TBs?
Yes
Good morning madam. Under the Investor Portal, if I click competitive bid because my cost value is K499,999 do I have to choose my own interest rate? I want to participate during the month of November. Or which interest rate is safer?
Thanks for the video, just placed my bid via the portal
Brilliant 👍
Hello Mukonki, I'm trying to open a CSD account but there is a part that needs me to upload a signatory mandate. How do I go about that? I'm lost on that part.
Sign on a blank piece of paper and scan it. Then attached the scanned copy
Madam, I need help... I have debt and I don't know how I'm going to come out of it. Please I need your help,
my bank wanted the face value amount to be available in the account, hope it won't be the case anymore.
It won't. Glad we can bid without them now 🙂
The account number to pick is it the one that says bOz or thr one which says zanaco(as an example)
On the portal the account number that comes up is the CSD account number with BOZ. Thats all thats needed. BOZ has your bank details from the CSD application form. So the account number you had indicated on the CSD application form is the one BOZ will use. To use a different bank account, you need to apply to amend the bank details.
How do they open a BOZ account?? And how much is deducted from the account for a face value of k100,000??
Lastly after opening my BOZ account, how do I then transfer money into this account. Thank you I'm hoping to hear from you soon
th-cam.com/play/PLVDY6xjqN6PEKsGSy76-FIYveniRBW4qA.html
Re you able to see your past bids or portfolio on the portal,cos i can not
Yes I'm, did you submit the bid yourself or through your bank?
What services do you offer. Do you help with investment in Bonds
Yes
@@MukonkiMukonkela share your line
Are there no cheaper bonds for a woman who sells on the market.
Suppose they have only K20,000?
2. Can one purchase bonds twice or thrice in a year.
Reason is to simply create a monthly income.
3. What happens to the money when a bond bidder dies?
The minimum amount to invest in government bonds is k1000
Yes you can purchase more than once
I applied for CSD account on 9 October, upto date I have not received the answer. How long does it take because I wanted to invest this month.thanks
Depends sometimes they're fast. Just keep calling them here's their number 0211 399 399
How did you go about it,want to apply too
@@benaiahmutale9265 I used my commercial Bank, FNB
Is it a duplicate if you applied via email with a letter of guarantee, and then you also apply using the portal
It might be. Please call boz on this number 0211 399 399
@@MukonkiMukonkelathanks
@MukonkiMukonkela I contacted them and they advised me to use the portal and send them an email to treat the email submission as duplicate.
Thank you
❤