Central Bank of Kenya(CBK) received bids worth KSh 37.5 Billion at the weekly Treasury Bills Auction out of KSh 24 Billion that it offered investors, an oversubscription of 156.36%.
The Government’s fiscal agent accepted KSh 31.1 Billion made up of KSh 22.5 Billion in competitive bids and KSh 8.6 Billion in non-competitive bids.
CBK Rates of Return Offered to Bidders
Interest rates paid for the 91-day, 182-day and 364-day Treasury Bills at this auction was 7.309%, 8.081% and 9.474% respectively compared to 7.345%, 8.041% and 9.444% at the previous auction.
The most attractive debt instrument was the 364-day Treasury Bills, which received bids worth KSh 19.4 Billion out of the KSh 10 Billion offered, an oversubscription of 194%. The CBK accepted KSh 13 Billion.
The 182-day Treasury Bills received bids worth KSh 13.7 Billion out of the KSh 10 Billion offered, an oversubscription of 137.22%.
The least attractive instrument was the 91-day Treasury Bills which received bids worth KSh 4.4 Billion out of the KSh 4 Billion offered, an oversubcription of 110.1%, with the CBK accepting bids worth KSh 4.3 Billion.
The next auction and bids closure is January 20th 2022 while results will be announced on January 21st 2022.
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