Dutch pension funds have a better overview of sustainability risks than banks and insurance companies, according to a survey by financial regulator DNB. Pension funds still have their work cut out for them. For its report “On the road to a sustainable balance”, DNB asked 61 pension funds, 37 insuranceRead More →
Danish pension funds have welcomed the announcement this morning from the country’s central bank that the state will launch its very first green bonds next month. Danmarks Nationalbank has announced that the Kingdom of Denmark will open a green bond on January 19, with a coupon of 0.00% and aRead More →
Market news Pension funds target road PPP projects Wednesday 08 December 2021 Zamara Group Chairman and CEO Sundeep Raichura speaks at the Panafric Hotel in Nairobi on October 18, 2018, during the Kenya Pension Fund Investment Consortium. PHOTO | SALATON NJAU | NMG By ELIZABETH KIVUVAMore from this author SummaryRead More →
The UK Pensions Minister and a group of pension providers have each written to 44 asset managers setting out their expectations of asset owners so that they have more of a say in voting at corporate meetings. In the letter, members – not all – of the Occupational Pensions SchemeRead More →
As banks, insurance companies and institutional investors face mounting criticism around the world for their contribution to the destruction of the planet, a report released Wednesday reveals how US public pension funds are “funding the crisis climate”. “With 10 years of data, there is hard evidence: divestment is a winningRead More →
Pension funds and other investors in general see private debt as an attractive alternative “for liquidity premiums” in Switzerland and beyond, Anna Demarmels, business development manager at IFM Investors Switzerland, told IPE. IFM – an asset management company owned by 23 Australian pension funds – operates a global infrastructure debtRead More →
Search mutual fund quotes, news, net asset values Mother-son Sumi INE775A01035, MOTHERSUMI, 517334 CDS INE467B01029, SDC, 532540 One 97 PayTM INE982J01020, PAYTM, 543396 TataTeleservice INE517B01013, TTML, 532371 Wipro INE075A01022, WIPRO, 507685 Search mutual fund quotes, news, net asset values Mother-son Sumi INE775A01035, MOTHERSUMI, 517334 CDS INE467B01029, SDC, 532540 One 97Read More →
HONG KONG (Reuters) – Hong Kong residents leaving the city for good withdrew a total of HK $ 2.604 billion ($ 334 million) from their Mandatory Provident Fund (MPF) retirement accounts in the third quarter of 2021, in 52.8% increase over the previous year, government data showed. A total ofRead More →
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HONG KONG, Dec 2 (Reuters) – Hong Kong residents permanently leaving the city withdrew a total of HK$2.604 billion ($334 million) from their Mandatory Provident Fund (MPF) retirement accounts in the third quarter of 2021 , up 52.8% from a year earlier, according to government data. A total of 9,300Read More →
Swiss pension funds invest more sustainably: strong incentives, but also obstacles Credit Suisse publishes its 2021 study on pension funds 30.11.2021 More information Christian wickiHead of Strategic Advice, Pension Funds & Corporate InvestorsCredit Suisse (Suisse) AG+41 44 332 32 [email protected] Dr Jan SchüpbachPolitical Economist & Thematic EconomicsCredit Suisse AG+41 44Read More →
While the UK government has called on pension funds to support the country’s efforts to ‘build back better’, some schemes have had to limit their ambition to invest in UK green infrastructure due to the scarcity of offer, reported MandateWire, sister title to Pensions Expert. Speaking at the Global ResponsibleRead More →
Large funding gaps are driving pension plans to invest money in private assets in search of returns, increasing the risk of overloaded transactions and moderate earnings, a new study finds. The report from Amundi, Europe’s largest asset manager, and Create Research studied 152 defined benefit pension plans managing € 2.1Read More →
Personal finance oi-Kuntala Sarkar | Posted: Saturday November 27th, 2021 11:15 AM [IST] The National Pension System (NPS) allows policyholders to accept asset allocation under G-Sec (government securities). The National Pension System (NPS), offered by the Indian government, allows policyholders to choose between active and automatic choices. NPS G-sec fundsRead More →
Search mutual fund quotes, news, net asset values Zomato INE758T01015,Read More →
Pension funds remain the largest group of asset owners in the world with a share of 58.1%, according to the Thinking Ahead Institute. As reported by our sister title, European pensions, a new TAI study found that the total assets of the world’s 100 largest asset owners rose 15.7% lastRead More →
Swiss plans have this year invested 22% of their assets on the basis of active strategies leading to a reduction in CO2 emissions, against 8% last year, according to the latest ranking published by Klima-Allianz, a league of civil society organizations. This amounts to CHF 281 billion (€ 267 billion)Read More →
By MADISON HIRNEISENTHE CENTER SQUARE STAFF REPORTER (The Center Square) – Some California public employees will soon have to contribute more of their retirement pay after a change in the investment policy of California’s public employee retirement system. The CalPERS board of directors voted on Monday to select a portfolioRead More →
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The Covid-19 pandemic has highlighted why pension funds must diversify between asset classes and geographies to continue to generate good returns in an environment of low interest rates and high inflation, experts said at the 2021 Arab Pensions Conference. Markets and stocks have performed well since the 2008 financial crisisRead More →
(Bloomberg) – The UK’s proposed overhaul of the nuclear power plant financing mechanism will attract more local investors, making the government less dependent on Chinese money for infrastructure projects, the project developer said of the 20 billion pounds ($ 26.9 billion) Sizewell C project. A bill passed by parliament implementsRead More →
Pension funds of several entities, including Punjab National Bank () and Food Corporation of India, face the risk of losses on their respective exposures to around ₹4,800 crore of bonds issued by two companies of the troubled financier Srei Group, based in Kolkata, which are currently subject to central bankRead More →
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Can green investment save the planet? A new newsletter course from The Globe explores climate-friendly investing. Register today. The COP26 summit in Glasgow put major institutional investors in the spotlight as financiers of both climate change and solutions to combat it. With assets exceeding $ 2 trillion, Canada’s largest pensionRead More →
The hedge fund industry averaged only a 4.6% annual return over the 10 years ending June 30, 2020, just over a third of the benchmark S & P500 which was on average 12.5% per year, according to the latest Global SWF newsletter. The relatively low returns of hedge fund programsRead More →
The Connecticut Treasury has selected State Street Bank & Trust as the primary custodian bank for a total of $ 61 billion for Connecticut’s pension plan and trust funds and internally managed funds, the state treasurer said. Shawn Wooden. Boston-based State Street will also be the investment account manager forRead More →
TOP NEWS OF THE WEEK The Government Pension Investment Fund (GPIF), posted a return of 0.98%, or 1.88 trillion yen ($ 16.6 billion), in the second quarter ended September, bringing its assets under management to 194, 1 trillion yen ($ 1.71 trillion), the largest pension plan in the world. fundRead More →
Sydney Airport’s board has agreed to takeover from a consortium led by Melbourne-based IFM Investors for A$23.6 billion (US$17.5 billion), as part of one of Australia’s largest-ever deals as pension funds and asset managers continue their sweep of the country’s infrastructure. . The consortium, known as the Sydney Aviation Alliance,Read More →
Band Mike Dolan LONDON, November 5 (Reuters) – Despite all the inflation angst, short-term interest rate volatility and central bank distraction, long-term bond yields remain calm – in part thanks to an old friend who will stick around for a long time. Loving bonds when fully funded, the behavior ofRead More →
Canadian pension funds light up muted Diwali week for deals | VCircle Homepage Finance Canadian pension funds light up muted Diwali week for deals Canadian pension funds light up muted Diwali week for deals Photo credit: 123RF.com Private equity and venture capital investments during Diwali week were the lowest sinceRead More →
NEW DELHI: The National Highways Authority of India (NHAI) First Infrastructure Investment Trust (InvIT) has successfully raised Rs 6,000 crore with the participation of two Canadian pension funds, LIC and national banks. The two Canadian pension funds – the Canada Pension Plan Investment Board and the Ontario Teachers’ Pension PlanRead More →
Major pension funds in the Nordic region mainly expect inflation to return next year, albeit at a higher level, but investment policymakers are also on the lookout for the risk that things will go wrong. are not going so well, according to the views gathered by IPE. Financial markets aroundRead More →
Nordic and UK pension funds plan to allocate $ 130 billion (€ 112 billion) to clean energy and climate investments by 2030. The commitment was announced at COP26 in Glasgow by the CEOs of the Nordic and UK pension funds that are part of the international public-private sector initiative ClimateRead More →
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Birds fly over a closed steel plant where the chimneys of another working factory are seen in the background, in Tangshan, Hebei province, China on February 27, 2016. REUTERS / Kim Kyung-Hoon / File Photo Register now for FREE and unlimited access to reuters.com Register GLASGOW, Nov 2 (Reuters) –Read More →
JERUSALEM, Israel – Ben & Jerry’s continues to suffer a backlash for its decision to stop selling ice cream to Israeli settlement communities in the West Bank – biblical Judea and Samaria. The New York State Pension Fund is withdrawing $ 11 million in investments from Unilever, the parent companyRead More →
The massive New York state pension fund is pulling $111 million in investments from the company that owns Ben & Jerry’s because of the ice cream maker’s boycott of Israeli-occupied territories, The Post has learned. State Comptroller Tom DiNapoli – the sole manager of the state’s $263 billion Joint RetirementRead More →
Dutch pension funds do not take any measures to protect their portfolios against rising inflation. Some funds believe they are already sufficiently protected while others believe that rising interest rates will protect their funding ratios. Trust managers Achmea Investment Management, Kempen and Blackrock have advised pension funds to increase inflationRead More →
Chancellor Rishi Sunak poses with the famous red box outside 11 Downing Street Chancellor Rishi Sunak has said he wants to change the way pension funds operate, allowing them to invest more in tech start-ups. Pension funds are crippled by regulations that limit them when it comes to investing inRead More →
One of the world’s largest pension funds, ABP, is selling its €15 billion stakes in fossil fuel companies including Royal Dutch Shell, saying it has been unable to persuade the sector to move fairly quickly to decarbonization. Corien Wortmann-Kool, the chairman of ABP, the Dutch pension fund for civil servantsRead More →
Posted 25 October 2021 The total amount of pension funds invested in banks by pension fund administrators rose to 2.05 billion naira at the end of July from 1.48 billion naira in January. The National Pensions Commission revealed this in its report, entitled “Unaudited report on the portfolio of theRead More →
Dutch pension funds need to improve their cybersecurity, according to pension fund regulator DNB. According to Jacco Jacobs, head of operational and IT risks at the regulator, knowledge of operational and other non-financial risks is also lacking among pension fund managers and supervisory boards. Jacobs based his concerns, which heRead More →
Representative Alexandria Ocasio-Cortez’s Green New Deal program now governs the future of the city’s pension funds, Mayor Bill de Blasio and city comptroller Scott Stringer said Thursday. Self-proclaimed socialist AOC was in attendance at town hall on Thursday as town politicians, each with less than three months in office, pushedRead More →
The two largest pension funds in New York City’s retirement systems have agreed to achieve net zero greenhouse gas emissions in their investment portfolios by 2040, the supervisor of New York City said on Wednesday. City Scott M. Stringer and Mayor Bill de Blasio. Administrators of the New York CityRead More →
Capital markets The participation of pension funds in the market is declining Tuesday, October 19, 2021 Absa Headquarters in Westlands, Nairobi. PHOTO FILE | NMG By ELIZABETH KIVUVAMore from this author Summary Pension plans have cut back investment in securities on the Covid-19 disruptions, dulling the participation of local investorsRead More →
By Matthew Burns, WRAL.com Senior Producer / Political Writer Raleigh, North Carolina – No more Chunky Monkeys for state retirees? State Treasurer Dale Folwell said on Friday that a Conservative group had asked North Carolina pension funds to divest all stakes in Ben & Jerry’s parent company because the iconicRead More →
Many people would be horrified to find out that they have unknowingly invested in arms companies, tobacco companies and fossil fuel miners. This may well be a reality, as many people’s pensions are invested in unethical funds that don’t even offer them the best returns. A new NerdWallet survey lookedRead More →
Dutch pension funds must speed up implementation of the Sustainable Finance Disclosure Regulation (SFDR), according to financial market regulator AFM. But for now, compliance will not yet be rigidly enforced, AFM director Laura van Geest said. “The pension sector is less advanced in the implementation of the SFDR than theRead More →
There are good reasons why pension funds should do not investing in the crypto and blockchain space. The industry is too new, too volatile and mind-numbingly technical. Additionally, the rules and regulations governing the sector have yet to be established. But the fixed-income financial instruments that pension funds typically favorRead More →
The three Baltimore pension funds will soon have to withdraw from fossil fuels. Baltimore Mayor Brandon M. Scott, a Democrat, on Monday signed a bill requiring the $ 3.5 billion Baltimore Police and Fire Department Employee Retirement System, the employee retirement system of the $ 2.2 billion city of Baltimore;Read More →
AP7, Stockholm, and the $ 4.5 billion Louisiana Sheriff’s Pension and Relief Fund Baton Rouge have settled a lawsuit over sales figures made with Luckin Coffee, a door confirmed. – speech of AP7. A securities class action lawsuit has been filed in the U.S. District Court for the Southern DistrictRead More →
Country united states of americaUS Virgin IslandsMinor Outlying Islands of the United StatesCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, RepublicRead More →
“Our pension funds remain very well funded,” Russo said. “We have been on the right track, and we continue to be on the right track, in all of our plans.” Records show that the main Public Employees Retirement Fund (PERF) was actuarially funded at 82.7% as of June 30, evenRead More →
Additionally, reforms enacted over the past decade, such as increasing taxpayer and employee contributions and limiting benefits for new hires, mean the funds as a group are now in “positive amortization.” , with more money collected net of benefits than the present value of new additional benefits, reducing the fundingRead More →
After a difficult year marred by the pandemic, many of the public pension funds that Pensions and investments follows rebounded strongly during the fiscal year ended June 30. Not only have absolute returns been better, the majority have outperformed the benchmark over the one-year and 10-year periods. Beat the mark:Read More →
Transport for London Pension Fund aims to cut carbon emissions by more than half by 2030 and fully by 2045, the £ 13 billion ($ 17.8 billion) fund announced on October 1. Directors of the pension fund said in the statement that the net carbon reduction strategy “is arguably theRead More →
Investing in private markets, including private equity, private debt, real estate and infrastructure, has helped funds more comfortably meet their return targets in a decade characterized by low returns. Larger allocations to unlisted assets have also been a key factor in enabling pension funds to weather market volatility caused byRead More →
A New York U.S. District Court judge on Thursday ruled that some lawsuits filed by a dozen institutional investors alleging mismanagement related to an enhanced return strategy managed by Allianz Global Investors could range from before. The plaintiffs alleged in the lawsuits that AllianzGI abandoned its investment and risk managementRead More →
Around 220 global financial institutions, including UK pension plans and asset managers, have called on 1,600 of the world’s most influential companies to ‘urgently’ set science-based emissions reduction targets ahead of the COP26. A total of 1,600 companies have been asked to set emission reduction targets under the Science BasedRead More →
Updated with correction. Connecticut state law requires that whenever the amount of the budgetary reserve fund equals 15% of the net general fund appropriations for the current year, the excess must be transferred to the Teachers’ Retirement Fund and / or the State Employees Retirement Fund. This was incorrectly statedRead More →
The UK government’s ambition to fuel a post-Covid ‘Big Bang of investment’ with billions of pounds in pension funds is likely to run out of steam after pension funds balked at Downing Street’s call to invest more money in projects. With public finances strained by the pandemic, the Prime MinisterRead More →
In 2015, the government, led by former Prime Minister David Cameron, pledged to build 300,000 homes per year, but according to a parliamentary report from January 2021, supply has consistently fallen well short of that target. Between 2012 and 2020, the supply of social housing and affordable social housing fellRead More →
Dutch pension funds that opt for the so-called flexible arrangement in the new pension system will be allowed to have buffers, according to a draft revised version of the new pension law that has yet to be discussed in parliament. Under the original version of the law, only pension fundsRead More →
Sen. Tommy Tuberville, R-Alabama, delivered a speech this week in the Senate calling on President Joe Biden’s four nominees for the Federal Retirement Thrift Investment Board (FRTIB) to appear before the Homeland Security Committee for a hearing. “I rise today to request that the candidates submitted by the president toRead More →
While cryptocurrencies are not a common asset in pension plan portfolios, a nonprofit educational organization for pension fund managers and service providers based in Texas is keen to show plan sponsors how digital assets could become an essential part of their investment pools. At its annual summer educational forum heldRead More →
Paul Singer’s Elliott Management has a fearsome reputation that has made it a $48 billion giant. But the hype around the company doesn’t match its results, according to a new report from Communications Workers of America and SOC Investment Group. The SOC investment group works with union-sponsored pension funds affiliatedRead More →
So far this year, a third of the UK’s biggest companies¹ have signed up to the United Nations Race to Zero campaign. The UK government recently pledged to cut emissions by 78% by 2035. These commitments will require sweeping changes in various areas of the market, encompassing buildings, transport andRead More →
Danmarks Nationalbank said in a report on the country’s pension sector and alternative investments that providers have the opportunity to invest more, in addition to the 750 billion DKK (100 billion euros) already held or committed. But the central bank also warned in the financial stability and risk analysis releasedRead More →
The $ 1.5 billion Atlanta Police Officer Pension Fund posted a 33.1% net return for the year ended June 30, above its benchmark of 33%. For the three, five and ten years ended June 30, the Police Fund reported an annualized return of 12.9%, 12.4% and 9.7%, respectively, compared toRead More →
The total surplus of UK defined benefit funds covered by the Pension Protection Fund’s 7800 index rose to £ 83.2 billion ($ 114.5 billion) at the end of August, from £ 62.4 billion in July, according to a statement released Tuesday. The London-based PPF, the rescue fund for defined benefitRead More →
The 300 largest pension funds in the world saw their assets under management (AUM) increase by 11.5% to a total of $21.7 trillion in 2020, according to a study by the Thinking Ahead Institute. Japan’s Government Pension Investment Fund (GPIF) and Norway’s Government Pension Fund Global (GPFG) remain the twoRead More →
The assets under management (AUM) of the world’s 300 largest pension funds grew 11.5% to a total of $ 21.7 billion (£ 15.8 billion) last year, despite many challenges caused by COVID-19. That’s according to a new study from the Thinking Ahead Institute, which shows that North America remains theRead More →
Pension funds, and those in the Nordic region in particular, have committed around € 450m of raised capital for a new private equity impact fund, which has Swedish buffer funds AP4 and AP6 on its advisory board . Nordea Asset Management (NAM), which is a minority shareholder in the managerRead More →
To the ancient Greeks, Cerberus was the dog of Hades, a multi-headed dog with a serpent’s tail that prevented souls from escaping from the underworld. His eyes were burning with fiery lava and he was vomiting bile. The dog’s namesake, Cerberus Capital Management, is a private equity firm that, likeRead More →
BEIJING, August 18 (Reuters) – Chinese pension funds posted an investment rate of return of 15.84% last year, nearly doubling the 20-year average of 8.51%, a report from the National Social Security Fund Council revealed on Wednesday, in part due to a surge in domestic stock markets. China, the mostRead More →
Icelandic pension funds returned an average of 7.3% in the first half of the year, according to new figures from the industry association, with foreign investment weightings remaining stable – and private pension savings rising despite the pandemic measure allowing withdrawals. Overall, Icelandic pension funds saw their total assets reachRead More →
The boards of state pension funds are not the best place to debate Israeli-Palestinian policy. It might sound like a blatant statement, but these debates are exactly what is happening in states like Illinois, New York, and Texas. The impetus for this unusual mix of global politics and management ofRead More →
By Alice Uribe SYDNEY – Challenger Ltd. seeks to deepen its presence in the Australian pension fund industry as part of a substantial expansion of its institutional life insurance and annuities sales in fiscal 2021. Managing Director Richard Howes said its main unit Challenger Life, Australia’s largest annuity provider, wouldRead More →
Trustees of UK pension funds are balking at government efforts to encourage them to spend billions on the country’s economic recovery, warning of potential conflicts of interest for their savers. In an unprecedented intervention last week, Prime Minister Boris Johnson and Chancellor Rishi Sunak issued a letter to industry, urgingRead More →
In September, it plans to issue the first green gilt for institutional investors to help fund government green commitments, and plans to unveil a new long-term investment vehicle, the Long-Term Asset Fund, this fall. The UK-UAE sovereign investment partnership investing £ 1bn ($ 1.4bn) in science-based technology sectors could beRead More →
Posted on 04/08/2021 In 2020, the MSCI China index returned 29.67% compared to 23.66% in 2019. In late July and early August 2021, the market value of Chinese stocks declined, as the Chinese Communist Party (CCP) marked its centenary with a harsh speech in Beijing. by Chinese President Xi Jinping.Read More →
The city of San Jose’s retirement system posted its highest returns in decades thanks to a timely rebalancing amid the coronavirus pandemic. The pension fund, which is split in two, reported 29.46% for its federated city employee pension system and 26.49% for its police and firefighter pension plan, according toRead More →
Boris Johnson has called on UK pension funds to invest more savers’ cash in UK assets to trigger an “investment big bang” to support the economic recovery. In a letter to the investment industry, Prime Minister and Chancellor Rishi Sunak said UK institutional investors needed to “seize the moment” andRead More →
Taiwanese pension funds overseen by the Bureau of Labor Funds (BLF) posted a 6.59% return on investment for the first half of 2021 – an improvement over the first quarter, but well below the benchmark . In comparison, BLF recorded investment gains of NT $ 184.9 billion ($ 6.65 billion)Read More →
For pension funds, the question of the importance to be given to client performance in relation to saving the planet has not yet been clarified. And the financial record of ESG remains controversial. So far this year, European ESG funds tracked by Bloomberg have returned 14%, or around 4 percentageRead More →
The goal is to standardize diversity disclosure and help signatories hold companies accountable for continued progress, the statement said. Other signatories with collective assets of £ 1.08 trillion include Avon Pension Fund, Barnett-Waddingham, Church of England Pension Board, Coal Pension Trustees Investment, Cornwall Pension Fund, Environment Agency Pension Fund, LCP,Read More →
Tata Digital in Talks with Warburg, KKR, and Pension Funds to Raise Over $ 1 Billion | VCircle Homepage TMT Tata Digital in talks with Warburg, KKR and pension funds to raise more than $ 1 billion Tata Digital in talks with Warburg, KKR and pension funds to raise moreRead More →
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please review our website policy before making any financial decisions. Unlike the first quarter of 2021, the second quarter did not see a list of top companies buying Bitcoin. However, what we saw in the second quarterRead More →
Canadian corporate and public pension plans in the RBC Investor & Treasury Services universe posted a median gross return of 4.4% in the quarter ended June 30. A press release issued Thursday reported strong performance by Canadian equities, which generated a median gross return of 7.9% for the second quarter.Read More →
Pension funds are financial intermediaries that provide social insurance by providing income to policyholders after retirement. Often, they also provide death and disability benefits. Pension systems are important cornerstones of European household income during retirement. Pension funds also play a role in financial markets as institutional investors. For these reasons,Read More →
Border to Coast Pensions Partnership, Leeds, England, is on track to save its partner pension funds more than £ 110million ($ 150million) in its first decade, the pool reported on Friday. This is the third annual report of the asset manager owned by 11 local government pension funds, with combinedRead More →
Large British pension funds should not wait until the next United Nations climate change conference, known as COP26, to commit to net zero targets to tackle climate change, the campaign said on Thursday at nonprofit Make My Money Matter. Make My Money Matter sent letters to 73 of the UK’sRead More →
The Pension Fund Development and Regulation Authority (PFRDA) has broadened the investment universe of pension funds, allowing them to invest in the shares of the top 200 listed companies and in the initial public offering (IPO) of companies, among others. This move could give the stock markets a boost, inRead More →
[Courtesy] Pension funds increased their holdings of government papers by 274 billion shillings during the Covid-19 period. This scenario portends a nervous market that has been made worse by the impending general election. As of July 9, pension funds held 1.14 trillion shillings of government securities – treasury bills andRead More →