Ipahco
The last twelve months against the twelve before them. It moves slowly, and it is the figure the Central Bank's own target is written against.
261 months on record.
| Option | After tax | After inflation |
|---|---|---|
|
364-day Treasury bill
Central Bank of Kenya
|
7.68% | 0.86% |
|
182-day Treasury bill
Central Bank of Kenya
|
7.67% | 0.85% |
|
91-day Treasury bill
Central Bank of Kenya
|
7.65% | 0.83% |
Divided, not subtracted. Taking inflation off a rate understates what is left, because the shillings you end the year with are themselves worth less — at these levels the difference is small but it is not nothing, and it always flatters. Only rates observed recently enough to still mean something are here; a yield measured eighteen months ago set against this month's inflation is two readings from different worlds.
| Month | 12-month | Annual average |
|---|---|---|
| September 2026 | 6.76% | 5.44% |
| August 2026 | 6.59% | 5.25% |
| July 2026 | 6.49% | 5.08% |
| June 2026 | 6.41% | 4.88% |
| May 2026 | 6.68% | 4.66% |
| April 2026 | 5.59% | 4.42% |
| March 2026 | 4.39% | 4.29% |
| February 2026 | 4.25% | 4.23% |
| January 2026 | 4.40% | 4.16% |
| December 2025 | 4.49% | 4.07% |
| November 2025 | 4.46% | 3.94% |
| October 2025 | 4.56% | 3.80% |
| September 2025 | 4.58% | 3.65% |
| August 2025 | 4.53% | 3.56% |
| July 2025 | 4.15% | 3.55% |
| June 2025 | 3.82% | 3.56% |
| May 2025 | 3.75% | 3.63% |
| April 2025 | 4.11% | 3.74% |
| March 2025 | 3.62% | 3.81% |
| February 2025 | 3.45% | 3.98% |
| January 2025 | 3.28% | 4.21% |
| December 2024 | 2.99% | 4.50% |
| November 2024 | 2.75% | 4.81% |
| October 2024 | 2.72% | 5.14% |