Jittery investors have continued to crowd around the short-dated government securities, with bids for the latest 91-Day Treasury Bill recording a performance rate of 347.9 percent.
Latest data from the Central Bank of Kenya (CBK) shows that the market regulator wanted to raise Sh4 billion from the three-month paper last week, but ended up receiving bids amounting to Sh13.9 billion, which is more than three times the amount sought, continuing a trend that has seen investors snub the long-dated bonds.
