CBK received bids amounting to KSh 19.4billion at the weekly treasury bills auction, a performance rate of 80.80%, with the state fiscal agent accepting KSh 18.2 billion out of KSh 24 billion on offer at this week’s auction.
The most attractive instrument was the 364-day treasury bills, which received bids worth KSh 8.9 billion out of the KSh 10 billion offered, a performance rate of 89.98%, with the CBK accepting bids worth KSh 7.9 billion.
The least attractive debt instrument was the 182-day treasury bills which received bids worth KSh 7,323.74 Million out of KSh 10,000 Million on offer, a performance rate of 73.24%, with the state fiscal agent accepting bids worth KSh 7,322.40 Million.
The 91-day treasury bills received bids worth KSh 3,070.87 Million, a performance rate of 76.77%, with the state fiscal agent accepting KSh 3,043.36 Million at this auction.
CBK offer to successful bidders
Successful bidders will be offered rates of return of 7.925%, 9.096% and 9.961% for the 91-day, 182-day and 364-day treasury bills compared to 7.866%, 9.037% and 9.952%, respectively at the prior auction.
Bids closure and the next auction date is 23rd June 2022, while results will be announced on 24th August 2022.
Bidders must make their submissions and be received by CBK by 2 pm on Thursday, 23rd June 2022.
Payments by successful bidders must reach the CBK no later than Monday, 27th June 2022.
