Buy Treasury bills and bonds on DhowCSD
Central Bank of Kenya · sources read 2 Oct 2026
Open a CSD account on DhowCSD (web portal or app), then place a bid in the weekly Treasury bill auction or a monthly bond auction. The minimum is KSh 50,000.
- Fee
- We couldn't confirm a fee from the official page. Check it there before you pay.
- Deadline
- Treasury bill auctions are every Thursday (the business day before, if Thursday is a public holiday)
- Deadline
- Pay for a successful bid by 2pm on the Monday after the auction
- Where
- Online on the CBK DhowCSD portal or app, or through a Kenyan commercial bank or investment bank
Steps
- Open a CSD account on the DhowCSD web portal (dhowcsd.centralbank.go.ke) or the DhowCSD app from Google Play or the App Store.
- Choose what to buy: a 91, 182 or 364-day Treasury bill, or a bond from the current prospectus.
- Log in, open Auctions, click 'create bid' on the security and pick Non-Competitive (no rate) or Competitive (you enter a yield). Confirm and place the bid.
- After the auction, check the Transactions tab to see if your bid won and how much to pay.
- Pay by 2pm on the settlement day (the Monday after the auction), quoting your CSD account number, the amount and the payment key.
Watch out
- Minimum is KSh 50,000 for a non-competitive bid (KSh 2 million for competitive), in steps of KSh 50,000.
- CBK can accept or reject bids, in full or in part, without giving reasons.
- Bonds are auctioned monthly, so check the upcoming bond prospectus on the CBK site.
Who can apply
- Individuals and companies. You can invest yourself on DhowCSD, or through a Kenyan commercial bank or investment bank.
Official sources (3)
- Treasury Bills centralbank.go.ke · read 2 Oct 2026
- Treasury Bonds centralbank.go.ke · read 2 Oct 2026
- DhowCSD Investor Portal dhowcsd.centralbank.go.ke · read 2 Oct 2026