Central Bank of Kenya (CBK) accepted bids worth KSh20.7 billion at the weekly Treasury Bills auction out of KSh24.7 billion worth of bids received, and KSh24 billion offered to investors.
- The 91-day treasury bills remain the most attractive, receiving bids worth KSh 11.6 billion at this auction, out of KSh 4 billion offered, a performance rate of 291.2%. The CBK accepted KSh 9.1 billion.
- The least attractive debt instrument was the 6 months treasury bills, which received bids worth KSh 4.1 billion out of KSh 10 billion with the CBK accepting KSh 3.2 billion.
- The one-year debt instrument received bids worth KSh 8.9 billion out of KSh 10 billion on offer with the monetary authority accepting KSh 8.3 billion.
Investors were offered a rate of return of 16.7%, 16.9%, and 16.98% for the 91-day, 182- day and 364-day treasury bills, respectively, at this auction.
The CBK also released results of the March 2024 re-opened 5-year treasury bonds and a new 10-year bond where it was seeking to raise KSh 40 billion. The State fiscal agent received bids worth KSh 59.7 billion, a performance rate of 149.33%, and accepted KSh 22.6 billion, rejecting most of the bids.
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