Treasury bills hit Sh1trn as debt tenor drops

Central Bank of Kenya. FILE PHOTO | NMG

Government borrowing via Treasury bills has piled up to a record Sh1 trillion defying Debt Management Office’s push to lengthen the maturity of its debt.

Fresh data from Central Bank of Kenya (CBK) shows that between the last week of December and the first week of this month, stock of T-bills has increased by Sh99.45 billion or 11 per cent.

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