Loans to cost more as Treasury bill rates go up Irungu, Geoffrey

By: Series: Business DailyPublication details: Nairobi Kenya Daily Nation Tuesday, April 19, 2011Description: pg 6 ( Business Daily)ISSN:
  • No.1049
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Table of contents
Summary: Expert Views: Analysts say they expect the CBK not to allow interest rates to rise to the point of reversing the gains so far made in expanding credit. They also warn that persistent rise in the T-bill rates poses danger to the economy and will stifle economic growth.
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Table of contents

1. Borrowing
2. Investment: cost of of short-term government borrowing in sharp rise as investors keep away.

Expert Views: Analysts say they expect the CBK not to allow interest rates to rise to the point of reversing the gains so far made in expanding credit. They also warn that persistent rise in the T-bill rates poses danger to the economy and will stifle economic growth.

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