Through the SC Mobile App clients will be able to buy or sell local currency government bonds and treasury bills without the hustle of visiting a branch to fill in forms.
The clients will also be able to view the list of available securities to be traded through the SC Mobile App for the trading day, see transaction history for previous deals submitted, and learn more about local government bonds trading through educational page.
"Today we have added another first to our digital banking innovation as we continue to expand our digital offering across our banking spectrum. We are happy that this launch will go along away in supporting the Government quest for financial inclusion," Standard Chartered
The Bank becomes the second entity to launch mobile traded bonds and bills after the Kenyan Government launched the world's first
In January this year the Kenya government through
The minimum investment amount for the SC Mobile traded bond has a face value of KSh100, 000 while the maximum one can trade on the app is capped at Sh10 million.
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