Investors pour Sh181bn into three-month T-Bills

Investors have shown preference for the three-month T-Bill.

Photo credit: Pool

Investors splashed Sh181.4 billion into three-month Treasury bills over the past 10 weeks, presenting the National Treasury with a cash crunch headache as debt falls due in Mid-August.

The previous 10 auctions held between March and May saw the 91-day paper raise a cumulative Sh67 billion.

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