Markets

Kenya 91-day T-bill yield dips to 8.607pc

Published August 25, 2016 Updated August 25, 2016 07:36pm

1 min

By Shoaib Ur Rehman

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NAIROBI: The weighted average yield on Kenya's 91-day Treasury bill dipped to 8.607 percent at auction on Thursday from 8.609 percent last week, the central bank said.

The bank said it received bids worth a total 1.68 billion shillings ($16.58 million) for the 4 billion shillings of bills it offered.

It accepted 1.46 billion shillings.

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