The Central Bank of Kenya (CBK) successfully accepted Treasury bills totaling Ksh 44.32 billion in its latest auction, significantly surpassing the initial offering of Ksh 28 billion across three maturities.This auction featured 91-day, 182-day, and 364-day Treasury bills, demonstrating robust investor demand for these government securities.According to the results released
Tag: interest rates Kenya
Absa, Family Bank Post Strong Profit Growth in 2026
The banking sector continues to demonstrate robust earnings growth, even in a declining interest-rate environment. Listed lenders are capitalizing on cost-cutting measures to enhance profitability.In the first half of 2026, Absa Bank Kenya and Family Bank Group reported increased profits, driven by balance-sheet expansion, reduced funding costs, and effective cost
CBK Holds Interest Rate at 8.75% Amid Stable Inflation
The Central Bank of Kenya (CBK) decided to keep the Central Bank Rate (CBR) steady at 8.75 percent during its Monetary Policy Committee (MPC) meeting on April 8, 2026. This decision reflects the policymakers' careful observation of global trends, particularly the ongoing conflict in the Middle East, which has disrupted
Kenyan Shilling Holds Steady as Treasury Bill Rates Decline – CBK
The Kenyan shilling demonstrated stability against major international and regional currencies in the week ending March 26, 2026, despite a decline in Treasury bill interest rates, as reported by the Central Bank of Kenya (CBK) in its Weekly Bulletin on March 27.On March 26, the shilling traded at Ksh129.72 per