Markets

Kenya 91-day T-bill yield slips to 7.711pc

Published May 26, 2016 Updated May 26, 2016 08:09pm

1 min

By Shoaib Ur Rehman

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NAIROBI: The weighted average yield on Kenya's 91-day Treasury bills fell to 7.711 percent at auction on Thursday from 7.998 percent last week, the central bank said.

The bank said it received bids worth 10.21 billion shillings ($101.49 million) for the 4.00 billion shillings of bills offered.

It accepted bids worth 7.28 billion shillings.

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