Central Bank of Kenya(CBK) collected KSh 27,428.16 Million from the re-opened five-year Treasury Bond Issue out of KSh 30,000.00 Million offered, a performance rate of 94.64%.
This is the first tranche that will be done in January with CBK to announced results for the re-opened 10 year and 20 year Treasury Bonds Auctions on January 20th, 2022. CBK will thus be seeking KSh 60 Billion at the January 2022 T-Bonds Sale.
Out of the Amount accepted at this first auction, Competitive Bids were worth KSh 26,862.19 Million while Non-Competitive Bids amounted to KSh 565.97 Million.
The weighted average rate of accepted bids was 11.234% and a coupon rate of 11.667%.
The purpose of the funds was to meet new borrowings by the National Treasury.
The specific features of the Bond(s) that is the Tenor, Amounts, Coupon Rates and Issue terms will be provided in the prospectus before the issue date for the month of February 2022.
Auction date for the re-opened 10-year and 20-year Treasury Bonds is January 19th, 2022.
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