Central Bank of Kenya(CBK) accepted KSh 16.5 Billion at the weekly Treasury Bills Auction after receiving bids worth KSh 16.6 Billion.
The most attractive instrument was the 91- day Treasury Bills which received bids worth KSh 3.9 Billion, a performance rate of 99.76% with the CBK accepting the entire amount.
The 364 day Treasury Bills received bids worth KSh 7.4 Billion out of the KSh 10 Billion on offer, a performance rate of 74.34% with the Government fiscal agent accepting KSh 7.3 Billion.
The least attractive debt instrument was the 182-day Treasury bills which received bids worth KSh 5.2 Billion out of KSh 10 Billion that was offered, a performance rate of 52.02% with the CBK accepting the entire amount.
Interest rates offered for the 91-day, 182-day and 364-day Treasury Bills was 7.070% 7.683% and 8.745% respectively at this auction. This is compared to 7.097%, 7.554% and 8.624% at the previous auction.
The next auction and bids closure is set for 18th November 2021 with results to be announced on 19th November 2021.
ALSO READ: CBK Accepts KSh 31.5 Billion at Weekly Auction, 131.1% Oversubscription
