Markets

Kenya's 2-year Treasury bond yield rises to 14.781pc in auction

Published August 19, 2015 Updated August 19, 2015 03:38pm

NAIROBI: The weighted average yield on Kenya's two-year Treasury bond rose to 14.781 percent in auction on Wednesday from 12.629 percent at the last sale in May, the central bank said.

The central bank raised 19.41 billion shillings ($187.99 million) through the sale, falling slightly short of its target of 20 billion shillings.

Copyright Reuters, 2015