The Central Bank of Kenya(CBK) accepted KSh 13.1 Billion at the Weekly Treasury Bills Auction out of the KSh 24 Billion that it had offered investors, a performance rate of 54.6%.
The most attractive paper was the 91-day Treasury Bill which received bids worth KSh 3.4 Billion out of the KSh 4 Billion offered, a performance rate of 83.79%.
The 182-day Treasury Bill received bids worth KSh 6.8 Billion out of the KSh 10 Billion that was on offer, a performance rate of 67.96% with CBK accepting the entire amount.
The 364-day Treasury Bill was the least attractive with bids worth KSh 2.9 Billion out of the KSh 10 Billion offered, a performance of 29.50% with the CBK accepting the entire amount.
CBK offer to investors
The rate of interest on the 91-day, 182-day and 364- day Treasury Bills was 6.870%, 7.250% and 7.845% at this auction compared to 6.781%, 7.253% and 7.777% at the prior auction.
The next auction and bids closure is 23rd September 2021 with results to be announced the next day.
The amount to be raised at this auction will be subject to National Treasury’s immediate liquidity requirements for the week.