The purpose of floating the M-Akiba bond is to finance Government development expenditure / budgetary support
The M-Akiba bond is open to Kenya’s citizens who have attained legal adult age of 18 years and are in a possession of a mobile money enabled phone in this case Safaricom’s M-Pesa or Airtel’s Airtel Money, a duly registered line and a valid National Identity card. The M-Akiba bond is guaranteed by the Government of Kenya.
To invest in M-Akiba, dial USSD Code *889# on your line.1
A prompt will appear on your screen requiring you to enter your preferred Personal Identification Number (PIN). Set your preferred PIN then press OK to proceed.
Please note that for subsequent transactions, you will use the preferred PIN you entered the first time. You are advised to keep your PIN a secret and protect it against unauthorized persons. In an event you forgot your PIN, press 0 and follow the prompts to set a new PIN.2
The M-Akiba bond is open to Kenya’s citizens who have attained legal adult age of 18 years and are in a possession of a mobile money enabled phone, a duly registered line and a valid National Identity card.3
After entering your National ID number, you will then be prompted to register by dialing 1.4
The service will revert with terms & conditions of M-Akiba. You are required to read and understand the terms & conditions, if you are in agreement press 1 for YES.3
After accepting terms & conditions, you will receive notification from your network service provider informing you of your successful submission of details. You will then wait a few minutes for a confirmation message.6
The confirmation message will have your M-Akiba Account Number, Your Name and the activation time & date of your M-Akiba Account. To continue trading, dial *889# on your line and follow the prompts.7