Kenya plans to halt the issuance of yearlong Treasury bills in favor of longer-dated securities to reduce the amount of maturing short-term paper. Almost a fifth of its domestic debt will fall due ...

This will require a cut in the stock of Treasury bills, with the 364-day paper seen as the likeliest candidate, due to the prominence of the 91-day and 182-day as risk-free benchmarks or pegs for ...

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