Central Bank Of Kenya’s weighted average interest rate on 91-day Treasury bill edged up to 9.218 percent in auction on Thursday from 9.210 percent last week, the central bank said.
Investors offered Ksh 6.97 Billion ($68.27 million) for the Ksh 4 Billion worth of debt on offer, the central bank said. It accepted Ksh 5.25 billion
The yield on Kenya’s 364-day Treasury bill rose to 12.212 percent at auction on Wednesday from 11.934 percent at the previous sale, the central bank said.
The yield on the 182-day Treasury bill also rose to 10.558 percent at the same auction from 10.092 percent last week.
The bank raised just over 5 billion shillings ($48.97 million) from the sale, which aimed to rake in a combined Ksh 12 billion .
Investors offered 50.9 percent of the Ksh 6 billion sought with the six-month bill, and 53.1 percent for a similar amount the bank sought to borrow with the 364-day bill.
Source (Kenyanwallstreet,CBK,Reuters)
