1.What happens if I want to top up after my money matures assuming I had invested 150k and now I want to top up 50k? 2. Secondly if I don't have money to top up after my money matures what happens? 3. What's the difference between rolling over and maturity date?
1. When your money matures and you wish to top up- You need to bid for the bonds on offer for the new amount. 2. After maturity the money is credited to your bank account. 3. When a bond matures the funds are paid to your bank account, if you wish to rollover( to reinvest the money in a new bond) you have to notify CBK in advance and the maturity date must be the same as due date for the new bond. Thanks for watching.
