Treasury Bills Oversubscribed Attract Strong Demand
Treasury Bills were heavily oversubscribed during the week, with the government accepting more than double the amount initially on offer. The 364-day weighted average interest rate settled at 8.9010%, underscoring sustained investor appetite for short-term government securities amid stable rate expectations.
Also read: Treasury Bills Demand Soars as Market Liquidity Tightens
Money Market and Fixed Income Fund Rankings
SanlamAllianz retained its top spot as the largest money market fund among Fund Managers Association (FMA) Members Unit Trusts, with Sh118.2bn in assets under management as of January 2026. Meanwhile, NCBA remained the undisputed leader in the fixed income fund segment, with Sh40.25bn in assets under management.
NCBA Offshore Funds’ Fast Momentum
Since launching its Offshore Investment Solutions in November 2025, NCBA Investment Bank is off to a great start. Its Global Fixed Income Special Fund has reached US$13.2 billion (Ksh 1.7 billion) in assets under management. Meanwhile, the NCBA Global Equity Special Fund has grown to US$5.3 million (Ksh 678.8 million) as of January 2026.
NCBA Commercial Banking Forum
Over 100 industry leaders at the NCBA Annual Commercial Banking Forum in Nairobi.
The forum emphasized that growth today requires more than capital. It demands real-time market intelligence, disciplined execution, strong governance structures, and leadership depth.
Equity Leaders Program Induction Begins
The two-week induction for the 2026 Equity Leaders Program cohort commenced this week ahead of a six-month paid internship. Since its launch in 1998, the programme has supported thousands of scholars, with 1,115 securing fully funded placements at leading global universities.
ARM Cement Creditors’ Meeting Scheduled
ARM Cement PLC will hold a virtual meeting of creditors on 27 February 2026 to review the liquidators’ account of their actions and outline progress made over the past year.
The company was placed under administration in August 2018 before transitioning into liquidation in October 2021.
KPC IPO Payment Deadline Extended
KPC IPO investors using bank guarantees now have until March 6, 2026, to complete payments, up from March 5.
Inflation and Credit Expectations for 2026
Banks and private sector firms surveyed by the Central Bank of Kenya expect inflation to remain below the midpoint of the target range, supported by exchange rate stability and lower global oil prices. Private sector credit growth is projected at 11.7% in 2026, driven by monetary easing and improved policy transmission under the KESONIA framework.
Upcoming Events
It will be a busy week ahead for investors.
Kenya Power has scheduled the book closure for its interim dividend on 23rd February 2026. Safaricom follows with its interim dividend book closure on 25th February 2026. Meanwhile, BAT Kenya will release its FY2025 results on 26th February 2026 and hold an investor briefing on 27th February 2026.
75th Abojani Masterclass Registration Ongoing
And lastly, registration for the 75th Abojani Masterclass is still open!
By attending, you’ll gain a clearer understanding of your personal finances and investments. You’ll learn how to save more, invest smarter, reduce debt, and retire early.
Classes run from the 9th to the 27th of March 2026, from 7 PM to 8 PM (Kenya time).
Book before the 28th of February 2026 to enjoy a 10% early-bird discount!
