By
Kepha Muiruri
Business Reporter
Nation Media Group
Returns on Treasury bills and bonds have started increasing as investors seek higher compensation to cover rising inflation, setting the stage for higher borrowing costs for the government.
The rising returns on government papers are prompting investors to start shifting assets from the Nairobi Securities Exchange (NSE), which has seen three-quarters of counters at the bourse record...
By
Kepha Muiruri
Business Reporter
Nation Media Group
Returns on Treasury bills and bonds have started increasing as investors seek higher compensation to cover rising inflation, setting the stage for higher borrowing costs for the government.

Short-term government securities yields continued to rise as investors sought compensation for higher inflation.

Returns on the shortest-dated government securities have risen since the start of April, mirroring the reversal in interest rates.

In the June sale, the higher yield demands were matched by price discounts of Sh2.86 and Sh5.28 per unit of Sh100 on the 15 and…

Bond prices and yields (the interest rates) have an inverse relationship where the cost of purchasing a bond edge higher when…

Nigeria’s Treasury bill yields rose modestly at Wednesday’s primary market auction, even as strong investor demand continued to…

Government bonds are generating yields of between 8.9 percent and 14.7 percent in the secondary market at the Nairobi bourse.

India’s treasury-bill yields surge on rate-hike expectation