(AFX UK Focus) 2009-06-26 17:18 Kenya cenbank foreign exchange stock up slightly

NAIROBI, June 26 (Reuters) - Central Bank of Kenya said on Friday its official usable foreign exchange reserves stood at $3.087 billion, up $30 million from the previous week.
Here are highlights from the bank's latest weekly bulletin:
* Official usable foreign exchange reserves rose to $3.087 billion by Friday from $3.057 billion on June 19, but down from $3.301 billion on June 26, 2008.
* The reserves provided import cover for 3.56 months.
* The central bank is required to maintain hard currency stock equivalent to four months of import cover.
* Government domestic debt stood at 502.5 billion shillings at the end of June 19, 2009, up from 430.6 billion in June 2008.
* Government expenditure on domestic debt interest and other charges from July 1, 2008 -- the start of the current fiscal year -- to June 19 totalled 42.9 billion shillings, up from 40.0 billion during the same period in 2007/08.
* The yield on the 91-day Treasury bill fell 31 basis points to 7.057 percent at the latest auction. The 182-day T-bill yield was up 7.6 basis points to 8.15.
* The average interbank rate declined to 2.93 percent in the week from 2.94 percent in the week to June 18.
* The central bank injected 14.5 billion shillings during the week using reverse repurchase agreement securities.
(Editing by Ron Askew) Keywords: KENYA RESERVES/