2016-10-25 | 222905731

Banking Circular No 9 of 2008 - Revision of the rediscount rates methodology for government securities

The Central Bank of Kenya has decided to revise the Treasury Bill Rediscounting rate, delinking it from the Central Bank Rate and aligning it with the market value of the underlying securities. The new rates for the 91-day and 182-day Treasury bills will be 3 percentage points above their respective prevailing average rates. These changes are effective immediately, while the rediscount rates for Treasury Bonds remain unchanged as stated in their prospectuses.

Kenya

Central Bank of Kenya

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