The Central Bank of Kenya (CBK) collected KSh 15.853 Billion at the Weekly Treasury Bills Auction out of bids worth KSh 17.815 Billion, a performance rate of 74.23%, out of KSh 24 Billion that was offered.
The most attractive instrument was the 91-day Treasury Bills which received bids worth KSh 6.52 Billion out of the KSh 4.0 Billion that was on offer, with the the Government’s fiscal agent accepting the entire amount, an oversubscription of 163%. The 182-day Treasury Bills received bids worth KSh 6.5 Billion and accepted KSh 4.6 Billion out of the KSh 10.0 Billion that was on offer, a performance rate of 65.33%.
The least attractive was the 364-day Treasury Bills which received bids worth KSh 4.76 Billion out of KSh 10.0 Billion on offer, a performance rate of 47.63%.
The amounts accepted at this auction were made up of KSh 14.48 Billion in competitive bids and KSh 1.368 Billion in non-competitive bids.
CBK rate of return offered to bidders
Interest rates paid for the 91-day, 182-day and 364-day Treasury Bills will be 7.020%, 7.417% and 8.355% respectively compared to 6.952%, 7.428% and 8.225% at the previous auction.
Bid closure and the next auction will be on 28th October 2021 with results to be announced on 29th October 2021.