Central Bank of Kenya (CBK) Treasury Bills Auction attracted bids worth KSh 7.1 Billion out of the KSh 24 Billion in 91, 182, and 364 day Treasury Bills that had been offered for sale.
The CBK accepted bids worth KSh 1.1 Billion out of the 4 Billion 91 day Treasury Bills, giving investors an interest rate of 6.309 % at this auction compared to 6.273% offered at the previous sale.
It also accepted bids worth KSh 1.1Billion from the KSh 10 Billion 182-day Treasury Bills offered, at a return of 6.773% compared to 6.720 at last week’s auction.
The 364 day Treasury Bills was the most attractive, recording bids worth KSh 4.3 Billion out of the KSh 10 billion that was offered for sale. Investors will earn an interest of 7.690% from 7.571% offered at last week’s auction.
CBK accepted bids worth KSh 6.7 Billion during this week’s Treasury Bills Auction. Next week’s Treasury Bills Auction will be conducted on October 1st, 2020.
ALSO READ: CBK Accepts KSh 30.5 Billion in Treasury Bills Auction
