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Party is over for speculators as CBK reins in yields on State bonds

Central Bank of Kenya Governor Dr Patrick Njoroge

The era of high interest rates on Government securities is over as the Central Bank moves to limit the cost of the national debt.

Central Bank of Kenya (CBK) Governor Patrick Njoroge said the State banker will only accept bids within the yield curve and would turn down high bids by investors seeking to capitalise on the Government’s high appetite for funds.

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Related Topics

CBK national debt