Kenyan Investors Rush into Treasury Bills as Lending Rates Fall
Oversubscription of Treasury Bills Kenya’s appetite for Treasury bills is soaring. At the most recent auction held by the Central Bank of Kenya (CBK), investors placed bids worth KSh 38.8 billion against an advertised amount of KSh 24.0 billion, translating into a performance rate of 161.5%. The 364-day Treasury bill was the standout performer. While […]