Kenya 182-day treasury bill rate falls to 8.151 pct
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Kenya 182-day treasury bill rate falls to 8.151 pct UPDATED 24 Jul 2009 | 07:27  
Kenya 182-day treasury bill rate falls to 8.151 pct

(Reuters) - The yield on Kenya's 182-day Treasury bill fell to 8.151 percent at this week's auction from 8.155 percent at the previous sale, the Central Bank of Kenya said.

The bank accepted 1.76 billion Kenya shillings at the auction held on Thursday.

The market put in bids worth 8.8 billion shillings although the government had sought 6 billion.

The bill's 12-week moving average was 8.430 percent.

Central bank has implemented a new auction programme in which 91- and 182-day bill auctions are held separately on alternate weeks.

The bank invited bids for 91-day bills worth 6 billion shillings for a sale next Thursday.

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