Prime

Investors hit as T-bill rates fall below 10pc

While T-bills rates have had a pronounced fall in recent months, the long- tenured T-bonds have started to align with CBK’s push for lower rates.

Photo credit: Shutterstock

By  Charles Mwaniki

Business Reporter

Nation Media Group

The interest rate on the 91-day Treasury bill fell below 10 percent for the first time since April 2023 as returns from government papers continued to tumble following the recent Central Bank of Kenya (CBK) rate cuts.

The CBK saw an undersubscription on the T-bills auction for a second straight week in Thursday’s sale, where investors offered it Sh13.08 billion against a demand of Sh24 billion.

Related

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME The CEO who likes to be underestimated

  2. PRIME Enhance use of digital speed cameras for traffic

  3. PRIME Rubis takes 34pc share of Kenya's jet fuel market

  4. PRIME Thugge raises compliance fees for non-deposit-taking credit firms

In the headlines

View All