Investing in Treasury bonds in kenya.

Treasury bonds are fixed income securities.i.e. have a fixed and predetermined rate of return. They are issued by the government through the central bank of Kenya, and have a maturity period of more than 1 year.
Treasury bonds are debts instruments requiring the government to repay the investors the amount borrowed plus interest over an agreed period of time.
There are different types of treasury bonds depending on the purpose, interest rate structure, maturity structure, etc.
The following are treasury bonds issued by the Kenyan government.

Fixed coupon treasury bonds.
Coupon is interest that the issuer (government)  pays each year; normally semi-annually on the face value of the bond.
The minimum investible amount is Kshs 50,000 and can be invested in multiples of Kshs 50,000.

Infrastructure bonds.
Issued to raise funds for specific projects normally stated in the prospectus.

Zero coupon bonds.
They do not have a fixed interest and investor's return is only the discount amount. They are mostly short term and are taken up by commercial banks.

Who can invest in treasury bonds in kenya?
#1. Individuals or corporates holding accounts with a local commercial bank.

#2. Individuals or corporates who do not hold account with commercial banks but invest as a nominee of a commercial bank or investment bank in kenya.

#3. Individuals or corporates holding central depository system (CDS) account with central  bank of Kenya, with minimum face value of Kshs 50,000 except for infrastructure bonds where minimum investible amount is Kshs 100,000.