Treasury Securities

Invest in Government Securities

Safe, secure, and rewarding investment opportunities in Treasury Bills and Bonds issued by the Government of Kenya

Government Guaranteed

Backed by the full faith and credit of the Government of Kenya

Competitive Returns

Attractive interest rates compared to traditional savings

Tax Benefits

Interest income exempt from withholding tax for infrastructure bonds

Easy to Invest

Minimum investment from KES 100,000 through your bank or M-Akiba

Treasury Bill Rates

Weighted average rates from the latest auction

Jan 3, 2026 Auction
91-Day-0.05%

7.73%

Volume: KES 24.5B

182-Day-0.07%

8.45%

Volume: KES 18.2B

364-Day+0.04%

9.12%

Volume: KES 15.8B

How Treasury Bills Work

Treasury Bills are short-term securities sold at a discount. You pay less than the face value and receive the full amount at maturity. The difference is your return.

Upcoming Auctions

T-Bill

January 10, 2026KES 24B

Submission Deadline

January 9, 2026 2:00 PM

Infrastructure Bond

January 17, 2026KES 50B

Submission Deadline

January 16, 2026 2:00 PM

T-Bill

January 24, 2026KES 24B

Submission Deadline

January 23, 2026 2:00 PM

How to Invest

1

Open a CDS Account

Visit your bank or download the M-Akiba app to open a Central Depository System account

2

Fund Your Account

Transfer funds to your investment account via M-Pesa or bank transfer

3

Place Your Bid

Submit your bid through your bank, stockbroker, or directly via M-Akiba

4

Receive Securities

Upon successful allocation, securities are credited to your CDS account