Business & Finance

Yield on Kenya 364-day treasury bills falls

Published September 10, 2014 Updated September 10, 2014 05:37pm

1 min

By Muhammad Iqbal

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NAIROBI: The yield on Kenya's 364-day Treasury bills fell to 10.163 percent at auction on Wednesday from 10.233 percent, while that on six-months bills stayed steady at 8.550 percent, the central bank said.

The central bank said it received a total of 9.8 billion shillings ($110.61 million) for the two papers on offer, and accepted 9.4 billion shillings worth of bids.

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