The weighted average yield on Kenya’s 15-year Treasury bond rose slightly to 13.141 percent at an auction on Wednesday from 13.112 per cent at its last sale in September, the Central Bank of Kenya said.
The bank’s statement said the yield on a 10-year bond also on sale fell to 12.472 per cent from 13.112 per cent at its last sale in September.
The bank had offered a total Sh40 billion in the two auctions. It received bids worth a total Sh38.8 billion and accepted Sh20 billion.
Thank you for participating in discussions on The Star, Kenya. Note that:
- Unwarranted personal abuse and defamatory statements will be deleted.
- Strong personal criticism is acceptable if justified by facts and arguments.
- Deviation from points of discussion may lead to deletion of comments.