NAIROBI: The weighted average yield on Kenya's 91-day Treasury bills fell to 7.477 percent at auction on Thursday from 7.711 percent last week, the central bank said.

The yield on the 182-day Treasury bills also on sale dropped to 9.799 percent from 9.999 percent last week, while that on the 364-day bills eased to 11.049 percent from 11.293 percent.

The central bank had offered bills worth 16 billion Kenyan shillings ($158.65 million) for sale and received bids worth a total 23.46 billion shillings. It accepted bids worth 17.75 billion shillings.

Next week the bank will offer the three bills worth a total 16 billion shillings.

Copyright Reuters, 2016