The Central Bank of Kenya(CBK) collected KSh 26.1 Billion from the weekly treasury bills auction out of bids worth KSh 26.8 Billion received, an oversubscription of 111.5%.
The most attractive instrument was the 364 day treasury bills which attracted bids worth KSh 15.1 Billion with the CBK accepting KSh 14.7 Billion, a performance rate of 151.3%.
The 182 day treasury bills attracted bids worth KSh 10.1 Billion with the state fiscal agent accepting KSh 9.9 Billion, a performance rate of 101.5%.
The least attractive was the 91 day treasury bills which attracted bids worth KSh 1.5 Billion, a performance rate of 37.23% with the CBK accepting KSh 1.4 Billion.
CBK interest rates at this auction
The state fiscal agent offered bidders a rate of 7.250%, 8.075% and 9.724% for the 91-day, 182-day and 364 day treasury bills respectively at this auction, compared to 7.285%, 8.108% and 9.668% at the previous auction.
Bids closure and the next auction is 24th February 2022 and results to be announced on 25th February 2022. The monetary authority intends to raise KSh 21.9 Billion for redemptions and KSh 2.1 Billion in net borrowings/net repayments.
ALSO READ:CBK Collects KSh 19.9 Billion at Weekly T-Bills Auction
