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The Standard e-Paper
Kenya’s Boldest Voice
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Investors with substantial liquidity have opted to put their money in government debt despite diminishing returns, with the latest 91-day Treasury bill offer oversubscribed by more than three times.
This week, Central Bank of Kenya (CBK), the fiscal agent for National Treasury, received bids worth Sh13.4 billion for the three-month government paper. This was against an offer of Sh4 billion.
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