The share of the government’s domestic debt held in the form of Treasury bills has fallen to a new low of 11.8 percent from 15.01 percent in January, signalling increased repayment of the short-term securities amid efforts to lengthen the maturity profile of public debt.
Central Bank of Kenya (CBK) data shows that the outstanding stock of T-bills shrunk to Sh567.7 billion as of September 1, from Sh671.51 billion at the beginning of the year.