2008-12-16 | 219867319

Banking Circular No 8 of 2008 - Reduction of the threshold for investments in Treasury Bills in the primary market

The Central Bank of Kenya has decided to lower the minimum investment threshold for Treasury Bills in the primary market from Kshs 1,000,000 to Kshs 100,000, starting in January 2009. This change aims to provide small investors with better access to Treasury Bills and promote wider participation in the market. Commercial banks and non-bank financial institutions are requested to prepare for this change and inform their investors.

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monetary