One-year Treasury bill rate hits 11.27pc as Central Bank takes Sh45bn

Treasury

The National Treasury building in Nairobi. 

Photo credit: File I Nation Media Group

The return on the 364-day Treasury bill has hit a high of 11.27 percent from 11.17 percent to mirror the effect of continued aggressive bidding by investors in the government paper.

The notable spike in the returns offered by the longest-date short-term security has come as the Central Bank of Kenya (CBK) accepts Sh45.29 billion from this week's Treasury bill auction which closed on Thursday.

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