The weighted average yield on the five-year paper fell one percentage point as that on 10-year Treasury bond dipped slightly at the auction last Wednesday, with the Central Bank of Kenya (CBK) raising just over half of the amount it offered investors.
The yield on five-year paper fell to 11.378 percent compared with 12.394 percent at previous primary sale in March last year while that for 10-year bond dipped marginally to 12.463 percent from 12.580 percent at the last sale in December.
