CBK Collects KSh 9.6 Billion at Weekly T-Bills Auction
CBK Collects KSh 9.6 Billion at Weekly T-Bills Auction
The Central Bank of Kenya(CBK) accepted bids worth KSh 9.6 Billion at the Weekly Treasury Bills Auction and received bids worth KSh 10.1 Billion out of KSh 24 Billion offered, an unsubscription of 42.22%.
The 91-day Treasury Bills was the most attractive with bids worth KSh 2.6 Billion received out of KSh 4 Billion on offer, a performance rate of 66%.
The 182-day Treasury Bills received bids worth KSh 5.3 Billion, a performance rate of 53.37% with the entire amount.
The 364-day Treasury Bills was the least attractive with bids received totalling KSh 2.2 Billion out of KSh 10 Billion offered with CBK accepting KSh 1.6 Billion.
The Monetary Authority accepted competitive bids worth KSh 8.4 Billion while KSh 1.1 Billion was made up of non-competitive bids.
CBK rates to investors
Interest rates for the 91-day, 182-day and 364-day Treasury Bills was 6.895%, 7.282% and 7.949% at this auction compared to 6.896%, 7.282% and 7.890% at the previous auction.
The next auction and bids closure is 7th October 2021 with results to be announced on 8th October 2021.
