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One-year T-bill return falls below 10pc as rates decline
Domestic interest rates, including T-bill and bond yields, have dropped in line with the central bank rate, which fell from 13 percent in June last year to 10 percent.
The return earned from the 364-day Treasury bill, also known as the one-year bill, has fallen below 10 percent for the first time since October 2022 due to the continued drop in domestic interest rates.
Domestic interest rates, including yields on Treasury bills and bonds, have followed the central bank rate (CBR), which has fallen from a high of 13 percent in June last year to 10 percent currently.