Kenya's 91-day Treasury Bills yield has dropped below 8% for the first time since June 2022, following a recent auction on September 1, 2025. This comes as investor demand reached extraordinary levels, with the overall performance rate hitting 133.46%.

• The Central Bank of Kenya (CBK) accepted bids totaling KSh 31.91 billion against an offer of KSh 24.00 billion.
• The 91-day T-Bill tenor saw the highest demand, attracting nearly KSh 20.0 billion in bids, more than five times the KSh 4.0 billion offered.
• The weighted average rate for the 91-day T-Bill was 7.9999%, while the 182-day T-Bill was 8.0500% and the 364-day T-Bill was 9.5691%.
• The outstanding T-bill debt stock climbed past the KSh 1 trillion mark, reaching KSh 1.05 trillion by mid-August 2025.