imageNAIROBI: The weighted average yield on Kenya's 91-day Treasury bills fell to 8.706 percent at auction on Thursday from 8.715 percent a week ago, the central bank said.

The bank said it received bids worth 639 million shillings ($7.16 million) for the 3 billion shillings worth of bills on offer, and accepted the entire amount.

The bank said it would auction a 91-, 182- and 364-day Treasury bills worth a total of 12 billion shillings next week.

Copyright Reuters, 2014

Comments

Comments are closed.