The interest rate on the 91-day Treasury bill fell by the largest weekly margin in nine and a half years in the latest auction, giving the clearest signal yet that interest rates on government debt are set to come down.
Weekly auction results posted by the Central Bank of Kenya (CBK) on Thursday showed that the average rate on the shortest of the three T-bills (91 days) fell to 15.73 percent from 16.72 percent the previous week.
