Treasury Bills
- What it is: Short-term loans (91, 182, or 364 days) to the Kenyan government
- Risk level: Very low (backed by Kenyan government)
- Typical return: 10-13% annually
- Key consideration: Best for short-term investors; interest is paid upfront at a discount
- Real example: KSh 10,000 in a 91-day T-bill at 11% would earn about KSh 275 after 3 months
- Where to get it: Central Bank of Kenya directly (Dhow CSD) or through a commercial bank
- Minimum to start: KSh 50,000 when buying directly from CBK
- Tax benefit: Interest earned is tax-exempt