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    CBK Collects KSh 7.8 Billion from Weekly Auction

    Jackson
    By Jackson Okoth
    - December 31, 2021
    - December 31, 2021
    BankingKenya Business newsspotlight
    CBK Collects KSh 7.8 Billion from Weekly Auction


    Central Bank of Kenya(CBK) accepted bids worth KSh 7.8 Billion out of KSh 24 Billion it had offered investors, a performance rate of 32.6%.


    The most attractive paper was the 364-day Treasury Bills which received bids worth KSh 4.9 Billion out of the KSh 10 Billion offered with the CBK accepting the entire amount.


    The 182-day Treasury Bills received bids worth KSh 2.3 Billion out of KSh 10 Billion offered, a performance of 23.2%


    The 91-day Treasury Bills was the least attractive with bids received worth KSh 572 Million out of KSh 4 Billion, a performance rate of 14.31% with the CBK accepting the entire amount.


    Interest rates offered for the 91-day, 182-day and 364-day Treasury Bills was 7.271%, 8.095% and 9.367% respectively at this auction compared to 7.264%, 7.982% and 9.265% at the previous auction.


    The next auction and bids closure is 6th January 2022 while results will be announced on 7th January 2022.

    ALSO READ:CBK Accepts Bids Worth KSh 17.9 Billion at Weekly T-Bills Auction

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