Treasury bill rates inched closer to the seven percent range after the latest auction, reflecting the continued fall in cost of money in the economy due to rate cuts by the Central Bank of Kenya (CBK).
The 91-day T-bill rate settled at 8.01 percent in last week’s auction, down from 8.07 percent in the previous sale, while the 182-day T-bill rate fell to 8.11 percent from 8.17 percent.
