Sharp Daily
No Result
View All Result
Monday, September 22, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Banks Remain the Largest Domestic Lenders to The Government

Vincent Wangu by Vincent Wangu
July 13, 2023
in News
Reading Time: 1 min read
Kenya Banking District, infomineo.com

According to the latest Central Bank of Kenya (CBK) Weekly Bulletin, Banks continue to be the largest domestic creditors to the government, holding 46.2% of the total domestic debts of Kshs 4.7 trillion.

Pension funds are the second largest creditor to the Government, contributing 33.1% of the total domestic debt, equivalent to Kshs 1.6 trillion. Insurance companies and Parastatals account for 7.4% and 6.7% of total domestic debt, respectively, equivalent to Kshs 345.8 billion and 282.9 billion, respectively.

Lending to the government has become an attractive investment, yielding higher returns than other asset classes. The current lowest-yielding government security is the 91-day Treasury, with a yield of 12.0% p.a.

This has seen pension funds, Banks, Insurance companies, and parastatals increase their lending to the government in the first half of the year by Kshs 90.9 billion, Kshs 88.8 billion, Kshs 16.1 billion, and Kshs 11.8 billion, respectively.

RELATEDPOSTS

How public ratings could shift healthcare dynamics in Kenya

September 4, 2025

Segregated Pension Schemes in Kenya Q2’2025 Performance

August 8, 2025

The government closed FY 2022–2023 at 34.3% above its domestic borrowing target of Kshs 428.3 bn with a net borrowing position of Kshs 568.7 bn, an indication of investors’ preference for government securities.

Treasury bonds account for 84.9% of the total domestic debt, with Treasury bills, Overdrafts from the Central Bank, and other domestic debts accounting for 13.0%, 1.6%, and 0.5%, respectively.

Previous Post

Yields on Government Securities Breached 16.0% in the Primary Market

Next Post

Kenya Explores Water and Infrastructure Bonds for Funding Water Projects

Vincent Wangu

Vincent Wangu

Related Posts

News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025
News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025

LATEST STORIES

CMMF at a glance: Competitive returns & easy access for every investor

September 19, 2025

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025

Ways the KRA can leverage technology to stay ahead of smugglers

September 18, 2025

Evaluating Defined Benefits and Defined Contributions

September 18, 2025

Airbnbs or Ubers? The first-time investor in Nairobi

September 18, 2025

Fed cuts rates for first time since 2022

September 18, 2025

Sustainable mixed-use developments in Kenya

September 17, 2025

Real Estate project financing models shaping successful developments

September 12, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024