Yield on Kenyan 15-year bond rises at auction, 10-year yield falls

NAIROBI: The weighted average yield on Kenya's 15-year Treasury bond rose slightly to 13.141 percent at an auction on Wednesday from 13.112 percent at its last sale in September, the central bank said.

The bank's statement said the yield on a 10-year bond also on sale fell to 12.472 percent from 13.112 percent at its last sale in September.

The bank had offered a total 40 billion shillings in the two auctions. It received bids worth a total 38.8 billion shillings and accepted 20 billion shillings.