The Central Bank of Kenya(CBK) received bids worth KSh 38.4 Billion during the Treasury Bonds Auction of January 19th 2022 and accepted KSh 34.9 Billion. Accepted amounts were made up of KSh 26.5 Billion in competitive bids and non-competitive bids worth KSh 8.4 Billion.
The 10-year old re-opened Treasury Bonds received bids worth KSh 10.4 Billion with the CBK accepting KSh 7.3 Billion, a performance rate of 34.78%.
The 20-year re-0pened Treasury Bonds received bids worth KSh 27.9 Billion and the CBK accepted KSh 27.6 Billion, a performance rate of 93.26%
The two re-opened ten and twenty-year Treasury bonds issued received bids totalling KSh 38.4 billion against an advertised amount of KSh 30.0 billion, representing a performance of
128%.
CBK Weekly Report
According to the CBK Weekly Bulletin, the international oil prices increased during the week ending January 20, largely due to an inventory buildup as well as geopolitical tensions.
Murban oil prices rose to US$ 87.95 per barrel on January 20th 2022, compared to US$ 84.59 per barrel on January 13th 2022.
Bonds turnover in the domestic secondary market declined by 22.9 percent during the week ending January 20th while on the international market, yields on Kenya’s Eurobonds rose marginally by an average of 30.3 basis points. The yield on the 10-year Eurobond for Ghana and Angola also increased.
The Kenya Shilling weakened against major international and regional currencies during the week ending January 20. It exchanged at KSh 113.50 per US dollar on January 20, compared to KSh 113.33 per US dollar on January 13th 2022.
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