Kenya
Treasury Bills
The gold standard for capital preservation. Short-term sovereign debt instruments backed by the Republic of Kenya. Zero default risk, weekly liquidity windows, and predictable after-tax returns.
Best Yield
16.45%
364-Day T-Bill
Net of WHT
13.98%
After 15% Tax
Auction Freq.
Weekly
Every Thursday
Min. Entry
KES 100K
Face Value
91-Day T-Bill
Min. KES 100K · WHT 15%
Gross Yield
15.82%
Net Yield
13.44%
182-Day T-Bill
Min. KES 100K · WHT 15%
Gross Yield
16.1%
Net Yield
13.68%
364-Day T-Bill
Min. KES 100K · WHT 15%
Gross Yield
16.45%
Net Yield
13.98%
364 Days Sovereign Treasury Instrument
364-Day T-Bill
The longest-tenor treasury bill at 364 days offers the highest T-Bill yield and serves as a near-substitute for short-term bonds. Auctioned weekly. Preferred by pension funds and SACCOs for its predictable 12-month return profile.
Gross Auction Yield
16.45%
Net After 15% WHT
13.98%
Best For
Annual income planning
SACCO & Chama fixed reserve
Short-term bond substitute
Capital preservation with stable return
Key Risks
12-month rate lock-in risk
Opportunity cost if rates rise mid-year
WHT deducted quarterly on equivalent basis
Key Features
Highest T-Bill yield
Annual certainty
Benchmark rate instrument
WHT 15% applies
T-Bill Return Calculator
Based on 364-Day T-Bill at 16.45%