91 Day Treasury bills
The weighted average yield on Kenya’s 91-day Treasury bill rose to 7.649 percent at auction on Thursday from 7.027 percent last week, the central bank said.
The bank received bids worth 3.22 billion shillings ($31.80 million), a subscription rate of 80 percent. It accepted bids amounting to 2.23 billion shillings, it said.
182-Day & 364 Day Treasury bills
The yield on Kenya’s 182-day Treasury bill inched up to 9.914 percent at auction on Wednesday from 9.647 percent at last week’s sale, the central bank said.
During the same sale, the yield on the one-year Treasury bill dipped to 10.869 percent from 10.952 percent last week, the bank added.
It raised 9.34 billion shillings ($92.20 million) from the auction, falling short of its target of 12 billion shillings, as investors shunned the six-month bill, which had a subscription rate of 50.16 percent.
The bank will offer Treasury bills of all maturities worth a total 16 billion shillings at two separate auctions next week, it said.
Reuters
