NAIROBI: The weighted average yield on Kenya's 364-day Treasury bill rose to 11.982 percent in auction on Wednesday from 11.865 percent last week, the central bank said.

The yield of the six-month bill also headed higher to 11.182 percent from 11.020 at last week's sale.

The bank raised a combined 13.26 billion shillings ($130.83 million) from the sale of both bills, against a target of 12 billion shillings.

Next week, the bank will sell Treasury bills of all maturities worth a total of 16 billion shillings at two separate auctions, it said.

Copyright Reuters, 2016