Interest rates on Treasury bills settled at three-year lows after last week’s auction, as the market started pricing in the Central Bank of Kenya’s (CBK) latest rate cut.
The interest rate on the 91-day T-bill fell to 8.5 percent from 8.62 percent the previous week, while the rate on the 182-day paper declined to 8.89 percent from 9.03 percent. This is the lowest the two rates have gone since March 2022.
