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Kenya Forum/News
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Mbadi Explains Dip in Money Market Fund Returns

kenyans.co.ke/news/1...

submitted 7 months ago by Samuelwriter_ke

Mbadi Explains Dip in Money Market Fund Returns

submitted 7 months ago by Samuelwriter_ke

Mbadi Explains Dip in Money Market Fund Returns
  • Treasury Cabinet Secretary John Mbadi warned against investing in Money Market Funds (MMFs) due to the current low interest rates on Treasury Bills, which make up a significant portion of MMF funds.
  • The declining T-Bill rates result in lower yields for individual investors in MMFs, impacting their overall returns over time.
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