Strong local demand for Kenya T‑bills and bonds sustains short‑end funding in Sept 2026

On 16–21 September 2026, Kenyan Treasury bill and bond auctions were heavily bid: 91‑day T‑bill performance rates topped 291% and a 20‑ and 30‑year bond auction drew KES 81bn of bids versus a KES 60bn offer (CBK reports and market coverage), supporting short‑term domestic funding and enabling high primary market acceptance.

Strong domestic investor appetite for short‑dated Treasury bills and recent re‑opened bond auctions has secured near‑term financing and high acceptance rates at primary auctions, reducing immediate rollover pressure at the short end. However, longer‑dated tenors still depend on broader investor risk appetite and external financing conditions, leaving the belly and long end more exposed to term‑premium swings and external market volatility.

Next scheduled CBK auction and published Treasury bond results (follow CBK results page for dated auction outcomes).