Yields on Kenya’s T-Bills Plunge to Multi-Year Low, Investor Appetite Wanes
The latest auction of Treasury bills (T-bills) in Kenya delivered a dramatic signal: yields on short-term government securities have sunk to their lowest in 36 months, and investor demand is cooling at the short end of the yield curve. According to the Central Bank of Kenya’s (CBK) weekly bulletin, the 182-day T-bill averaged 7.9851 per […]