- Treasury to streamline money market instruments to two tenures: 91-day and 182-day bills.
- Move aims to address debt management challenges and shift focus to longer-term instruments.
Nairobi, Kenya Kenya’s Treasury plans to stop issuing 364-day Treasury bills, reducing its money market instruments to 91-day and 182-day bills as part of efforts to address debt management challenges. According to the draft Medium Term Debt Management Strategy, this move aims to reduce the stock of short-term debt and lengthen the maturity profile of domestic and external debt portfolios.
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