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Kenya's 15-yr T-bond yield falls less than expected

September 19, 2012 Comments Off on Kenya's 15-yr T-bond yield falls less than expected

September 19, 2012, 6:10 pm

By Kevin Mwanza and Beatrice Gachenge
NAIROBI (Reuters) – Yields on Kenya’s 15-year Treasury bond fell less than expected in an oversubscribed auction on Wednesday, which fixed income traders said pointed to the Treasury needing cash to cover budget spending.

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