Central Bank of Kenya (CBK) has collected KSh 23.7 Billion at the Weekly Treasury Bills Auction, an undersubscription of 98.905%
The most attractive instrument was the 91-day Treasury Bills which received bids worth KSh 8.18 Billion, an oversubscription of 204.50%, out of the KSh 4 Billion, with the state fiscal agent accepting KSh 8.17 Billion.
The six months Treasury Bills received bids worth KSh 9 Billion out of KSh 10 Billion on offer, a performance rate of 90.19%, with the CBK accepting the entire amount.
The least attractive instrument was the 364-day Treasury Bills, which received bids worth KSh 6.5 Billion, a performance rate of 65.37%, with the CBK accepting KSh 6.5 Billion.
The average interest rates of accepted bids for the 91-day, 182-day and 364-day treasury bills were 7.448%, 8.373% and 9.755%, respectively, at this auction, compared to 7.424%, 8.315% and 9.745% at the previous auction.
Bids closure and the next auction will be on 28th April 2022, while results will be announced on 29th April 2022.
ALSO READ:CBK Collects KSh 11.7B at Weekly T-Bills Auction
