Why DhowCSD is a game changer for the retail investor

BDBond(2)

As at the end of Q2 2023, mutual funds held almost half (46 percent) of their pooled funds in government treasuries. PHOTO | SHUTTERSTOCK

For all who’ve been asking: Is there anything to be done to improve the fixed income market structure? Well, I think the partial answer arrived a few weeks ago in the form of DhowCSD.

Just this week, the Central Bank of Kenya reported that more than 7,000 new accounts were created via the new platform compared to the total of 44,000 accounts that existed prior.

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Note: The results are not exact but very close to the actual.