- Treasury bill rates decline sharply, with 364-day T-bill rates dropping from 16.9% in July to 11.7%.
- Analysts predict further rate cuts could shift investments towards equities and private sector lending.
Nairobi, Kenya – Kenya’s short- and long-term debt instruments are experiencing a sharp decline in returns, with short-term rates nearing single digits. This trend may lead to potential losses for investors while providing relief for the government’s debt sustainability efforts.
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