Domestic debt now crosses Sh1.6trn

Kenya’s domestic debt has hit Sh1.6 trillion after rising by Sh85.5 billion since the beginning of February, mainly driven by a rise in the stock of Treasury bills.

Data from the Central Bank of Kenya (CBK) shows the stock of debt in form of Treasury bills has gone up since February 1 to stand at Sh437 billion, while the stock of domestic debt held in Treasury bonds is up Sh22.6 billion.