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    1.0.32

    Auction Results: Yields on Treasury Bills rise

    The Kenyan
    By The Kenyan Wall Street
    - July 28, 2016
    - July 28, 2016
    Kenya Business news

    91-Day Treasury Bill

    The yield on the 91-day T-bill rose to 8.293 percent on Thursday’s auction compared to 7.919 percent registered last week. The Central Bank of Kenya received bids totaling 3.74 billion shillings for the 4 billion shillings on offer. It accepted bids worth 2.67 billion shillings.

    182 & 364 Day Treasury Bill

    The average yield on the 182-day T-bill rose to 10.474 percent on Wednesday’s auction versus 10.205 percent last week.

    On the other hand, the yield on the 364-day T-bill went up to 11.369 percent compared to 11.027 percent in the previous week.

    Central Bank of Kenya received bids worth a total of 18.41 billion shillings for the 12.00 billion shillings on offer. The bank accepted 11.62 billion shillings.

    Treasury bills of all maturities worth a total 16 billion shillings will be auctioned next week.

    Source: (Reuters, Kenyan WallStreet, Central Bank of Kenya)

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
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