The Central Bank of Kenya(CBK) accepted bids worth KSh 20.8 Billion at the weekly Treasury Bills auction out of KSh 31.4 Billion received from bidders, an oversubscription of 131.01%.
The most attractive was the 364 days Treasury Bills, which received bids worth KSh 25.3 Billion out of the KSh 10 Billion on offer, a performance rate of 253.19%. The 91 days Treasury Bills received bids worth KSh 1.9 Billion out of the KSh 4 Billion on offer, a performance rate of 46.45%.
The 182 days Treasury Bills received bids worth KSh 4.3 Billion out of the KSh 10 Billion on offer, a performance rate of 42.64%.
What CBK offered investors
At this auction, interest rates for the 91days, 182 days, and 364 days Treasury Bills were 7.152%, 7.990%, and 9.424%. This is compared to 7.139%, 7.990% and 9.474% offered to investors at the previous auction.
The next Treasury Bills auction and bids closure is 13th May 2021.
The actual amount to be raised at this auction will be subject to National Treasury’s immediate liquidity requirements for the week. The CBK Central Bank reserves the right to accept or reject bids without giving any explanations.
Individual bids are a minimum of KSh 100,000.00. Only investors with active CDS accounts are eligible.