Banks’ share of domestic debt has fallen to 45.4 percent from highs of more than 50 percent last year as they seek higher returns from lending to the private sector besides reducing their exposure to paper losses in a rising interest rate environment.
Data from the Central Bank of Kenya (CBK) shows banks' hold of government domestic debt stood at 45.39 percent on March 26 in contrast with 50.15 percent in January last year.
