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Kenya's 91-day T-bills yield falls to 8.445pc

kenya-flag NAIROBI: The yield on Kenya's benchmark 91-day Treasury bills fell for a third straight week to 8.445 percent on Thursday at an oversubscribed sale, from 8.987 percent last week, the central bank said.

 

The bank said it received bids worth 7.86 billion shillings ($91.5 million) for the 4 billion shillings on offer, and accepted bids worth 6.4 billion shillings.

 

Copyright Reuters, 2012