The Central Bank of Kenya(CBK) collected KSh 16.693 Billion from the Weekly Treasury Bills Auction out of KSh 16.698 Billion worth of bids received, representing a performance rate of 69.58%.
Treasury Bills worth KSh 24,000 Million was offered by the CBK to investors at the Weekly Auction on Thursday, 22nd July 2021.
Amounts accepted at this auction were KSh 14,920.04 Million in competitive bids and KSh 1,773.93 Million in non-competitive bids.
CBK average interest rates offered
The most attractive instrument was the 91-day T-Bills which received bids worth KSh 10,082.46 Million out of the KSh 4,000 Million offered, a performance rate of 252.06%.
The Government’s fiscal agent accepted all the bids received and offered a return of 6.477% compared to 6.520% at the previous auction.
The 182-days T Bills received bids worth KSh 3,211.47 Million out of KSh 10,000 Million that was offered, a performance rate of 32.11%, with the CBK accepting KSh 3,207.51 Million.
Bidders were offered a rate of return of 6.955% at this auction compared to the previous 6.984% for this instrument.
The 364 days T-Bills received bids worth KSh 3,404.08 Million out of the KSh 10,000 Million that was offered, a performance rate of 34.04%.
Bids amounting to KSh 3,403.99 Million was accepted, with the Government’s fiscal agent offering an interest rate of 7.432% for this instrument compared to 7.506% at the previous auction.
The next auction and bids closure is 29th July 2021, with results to be announced on 30th July 2021.
ALSO READ: CBK Raises KSh 19.2 Billion at Weekly T-Bills Auction
