CBK introduces mobile payments for government securities bids up to Ksh250,000
The Central Bank of Kenya (CBK) has introduced a mobile payment option that will allow investors to conveniently pay for successful government securities bids of up to Ksh250,000 using their mobile phones. In a notice shared on its X account on Monday, August 17, 2026, CBK said the new payment option is available through the […]
The Central Bank of Kenya (CBK) has launched a mobile payment service for government securities purchases up to Ksh250,000 through the DhowCSD mobile application. This new option allows investors to conveniently settle successful bids using mobile phones, offering an additional way to complete payments without traditional banking channels.
The payment facility, available via the Transaction tab in the DhowCSD app, currently supports M-Pesa and may incorporate other mobile platforms in the future. The development comes as investor demand for government securities remains robust, with CBK reporting a Ksh460.9 billion bid for three reopened Treasury bonds against a Ksh150 billion offer on August 12, 2026.
The new service could make the investment process more accessible to retail investors, particularly those purchasing Treasury bills and bonds, by simplifying the final payment process through mobile technology.
Written by urgent.news from People Daily Kenya's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
