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    1.0.31

    CBK Collects KSh 15.7 Billion from Weekly T-Bills Auction

    Jackson
    By Jackson Okoth
    - October 31, 2023
    - October 31, 2023
    BankingKenya Business news
    CBK Collects KSh 15.7 Billion from Weekly T-Bills Auction

    The Central Bank of Kenya (CBK) received bids worth KSh 18.2 billion at the weekly treasury bills auction and accepted bids worth KSh 15.7 billion, a performance rate of 75.63%. The 91-day treasury bills received bids worth KSh 10.6 billion with CBK accepting KSh 8.1 billion out of KSh 4 billion.

    The least attractive instrument was the 364-day treasury bill which received bids worth KSh 1.8 billion and accepted KSh 1.8 billion, a performance rate of 18.43% The 182-day treasury attracted KSh 5.7 billion out of KSh 10 billion on offer, with the CBK accepting the entire amount, a performance rate of 56.68%.

    The 91-day, 182-day, and 364-day treasury attracted an interest rate of 15.11%, 15.13%, and 15.39 % respectively at this auction compared to 15.04%,15.08%, and 15.34% at the previous auction.

    ALSO READ: CBK Accepts Bids Worth KSh 40.9 billion at Weekly T-Bills Auction

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