Kenya 91-day Treasury bill yield jumps to 11.398pc in auction

07 Jan, 2016

NAIROBI: The weighted average yield on Kenya's 91-day Treasury bill rose to 11.398 percent at auction on Thursday, the central bank said.

The bank accepted bids worth 2.78 billion shillings ($27.20 million), rejecting the bulk of the bids which totalled 7.62 billion shillings, a subscription rate of 190.51 percent.

Copyright Reuters, 2016

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