Treasury Bill rates in Kenya
Compare the latest completed 91, 182 and 364-day CBK auction results, then choose a tenor based on when you need the money — not only the highest percentage.
91-day 8.7478% · 182-day 8.8591% · 364-day 9.0267%
These are weighted average rates of accepted bids from a dated CBK result, not guaranteed future returns. Each new auction can produce different rates.
| Tenor | Latest tracked rate | Face-value minimum* | Source |
|---|---|---|---|
| 91-day | 8.7478% | KES 50,000 | CBK result · 26 Oct 2026 |
| 182-day | 8.8591% | KES 50,000 | CBK result · 26 Oct 2026 |
| 364-day | 9.0267% | KES 50,000 | CBK result · 26 Oct 2026 |
What the published prices mean
Using CBK’s published prices per KSh100, a KSh100,000 face-value bill implies settlement of about KSh97,865.60 for 91 days, KSh95,769.50 for 182 days or KSh91,741.50 for 364 days, before tax, fees or rounding differences. Your DhowCSD payment instruction is the controlling amount.
See the full MMF vs T-Bill worked example →How to buy Treasury Bills using DhowCSD
See the account setup, KSh50,000 non-competitive minimum, choosing a tenor, bidding, payment and what happens at maturity.
Read the step-by-step guide →Shortest maturity
Useful when flexibility matters more than locking money for a longer period.
Middle ground
Balances a longer holding period with a rate that may differ from the 91-day bill.
Longest T-Bill tenor
Money is tied up for roughly a year unless you use the secondary market where applicable.
What a Treasury Bill is
A Treasury Bill is a short-term Government of Kenya security sold at a discount and redeemed at face value at maturity. CBK auctions 91, 182 and 364-day bills regularly. Compare maturity, auction rate, settlement amount, tax treatment and your need for liquidity before bidding.