It takes place from the date of announcement of auction till one day prior to allotment of auctioned securities. The revised guidelines extending “WI” trading to new issuances of Central Government securities on a selective basis were issued in November 2006.
A lot more remains to be done, not just through finance but also through capacity building, enabling access to markets, promoting innovation and most importantly through creating an enabling business environment. Feedback from MSMEs will also be essential for banks to calibrate their products. By effectively serving the MSME sector, banks will truly be working for and with Kenyans.