Central Bank of Kenya said on Thursday it would increase its Treasury bill issues to seven each month from at least four previously.

The issuance structure was revised to align the domestic borrowing plan of government and to deepen the market for government securities, central bank said in a statement.

The 364-day paper, which used to go on sale every two months, will now be auctioned monthly, central bank said.

The 91-day Treasury bills will be offered weekly instead of twice per month and 182-day sales will stay at two per month.

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