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Treasury bills share of domestic debt rises to 15 percent
CBK is expected to find more success in lengthening the government securities yield curve as interest rates continue to fall, restoring the historical mix between Treasury bills and bonds.
Treasury bills as a share of domestic debt hit a near-two year high of 15.02 percent at the end of February, mirroring the rise of short-term papers in government financing over the past year.
The share of T-bills as a percentage of total securities issues has grown from a low 11.35 percent at the end of December 2023.
