The DhowCSD Investor Portal and Mobile Apps have been developed to simplify access to Kenya Government Securities, such as Treasury Bills and Treasury Bonds.

The platform, offered by the Central Bank of Kenya (CBK), enables investors to register, bid in securities auctions, manage their portfolios, and engage in secondary market transactions seamlessly through their computers or mobile devices.

This guide explores the key features of the DhowCSD system, how to register, and how investors can efficiently manage their accounts and transactions.

Getting Started: Registration Process

1. Individual Investor Registration

To register as an individual investor, follow these steps:

1. Access the Platform: Visit www.centralbank.go.ke or download the DhowCSD app from Google Play Store or Apple App Store.
2. Create an Account: Click on “Create Account” and input the required details such as email, username, and password.
3. Provide Personal Details: Enter your full name, economic sector, date of birth, gender, ID number, residency status, nationality, occupation, and KRA PIN.
4. Add Contact & Settlement Details: Provide your phone number, postal address, and settlement bank details.
5. Upload Documents: Submit a photo, identification document, and KRA PIN certificate.
6. Verification: An email token will be sent for confirmation.
7. Approval & Access: Upon approval by your settlement bank, you will receive a confirmation email.

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2. Joint Account Registration

A joint account follows the same initial steps as an individual account. However, after registration, you must:

• Log into the DhowCSD portal.
• Click on “Add Joint Account” and enter the email addresses of co-investors.
• Each co-investor will receive an invitation to approve the joint account setup.

3. Corporate Investor Registration

For legal entities:

• A signatory must first create an individual profile.
• Corporate details, including business registration number, incorporation date, directors’ details, and settlement bank information, must be provided.
• Once approved, the corporate entity can operate within the system.

Key Features of the DhowCSD Portal

1. Participating in Securities Auctions

Investors can participate in Treasury Bills and Bonds auctions by:

• Placing bids through the Investor Portal’s auction menu.
• Choosing between competitive and non-competitive bids.
• Selecting a broker where applicable and submitting the bid.
• Receiving notifications on successful bids via email or SMS.

2. Managing Portfolio & Secondary Market Transactions

• Investors can view and manage their portfolio statements, including securities held.
• Deliver vs Payment (DvP) and Free of Payment (FoP) transactions allow seamless trading of government securities in the secondary market.
• Investors can earmark Treasury Bonds for trading on the Nairobi Securities Exchange (NSE).
• Pledge instructions can be issued for using securities as collateral for loans.

3. Payment & Redemption Processes

• Investors must ensure their bank accounts have sufficient funds to settle bids.
• Payments can be made via netting (rollover), where maturing securities fund new investments.
• Redemption and interest payments can be monitored through the corporate actions menu.

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Enhancing Security & Compliance

DhowCSD follows a strict security framework to protect investor funds:

• Multi-factor authentication ensures secure logins.
• Proof-of-reserves verification confirms the 1:1 backing of investor assets.
• The system enforces regulatory compliance by requiring document verification and settlement bank approvals.

Looking Ahead

The DhowCSD Investor Portal and Mobile Apps offer an efficient and secure way for individuals, joint account holders, and corporations to participate in Kenya’s securities market.

By streamlining registration, bidding, portfolio management, and transaction processes, the platform enhances accessibility to government-backed investment opportunities.

For more information, visit the Central Bank of Kenya’s official website or log in to dhowcsd.centralbank.go.ke to get started today.