Investing in a Recession: Kengen PIBO

The kengen pibo finally launched yesterday and for those of you looking for a practical investment solution in a volatile economy I think this is a worthwhile one to check out.Investors will earn tax exempt interest income at the rate of 12.5 per cent in the first two years while the principal sum will be redeemed bi-annually for the subsequent eight years in equal installments.Transaction arrangers have reserved 20 per cent of the offer for retail investors, who will be allowed to put in minimum applications of Sh100,000 each. I think this is definately worth checking out go to www.kengen.co.ke.