182 – Day and 364 Day Treasury Bills
The weighted average yield on the 364-day T-bill declined to 11.570% on Wednesday’s auction compared to 11.689 percent from the previous week.
The yield on the 182-day Treasury bill fell slightly to 10.137 percent compared to the previous 10.273 percent.
Central Bank of Kenya said it received bids worth 15.935 billion shillings ($157.85 million) for the two bills. It had offered bills worth 12.00 billion shillings and accepted bids worth 12.01 billion shillings.
The bank will offer 91-day, 182-day and 364-day Treasury bills worth 16 billion shillings next week.
2 Year and 9 Year Treasury Bonds
The weighted average yield on the 2 Year Treasury Bond fell to 12.020% compared to the previous 15.760% in the previous auction.
The nine year Treasury Bond yield declined to 13.339% compared to a yield of 14.753% in the previous auction.
The bonds were oversubscribed receiving bids to the tune of KES 80.94 Billion from the initial KES 30 Billion which the bank sought. CBK accepted bids worth KES 39.63 Billion.
Source: (Reuters, Kenyan WallStreet)
