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    Yields on Kenya's 182-day, 364-day T-bills fall at auction

    The Kenyan
    By The Kenyan Wall Street
    - January 05, 2017
    - January 05, 2017
    Kenya Business news
    Yields on Kenya's 182-day, 364-day T-bills fall at auction

    This week, Kenya’s Central Bank offered 182 day and 364 day Treasury Bills amounting to Ksh 12 Billion.

    The total Number of bids received for the 182 day Day T-Bill was 150 amounting to Ksh 2.41 Billion against a target of 6 billion shillings, representing 59.82% undersubscription.

    The total Number of bids received for the 364 day Day T-Bill was 82 amounting to Ksh 3.85 billion representing Ksh 35.84% undersubscription.

    Bids accepted amounted to Ksh 1.94 billion for 182 days and Ksh 3.35 billion for 364 Day Treasury bills.

    The weighted average rate of accepted bids is summarised below;Screen shot 2017-01-05 at 10.06.00 AM

    *182-day Treasury bill yield at 10.467 percent versus 10.475 percent last week

    *364-day Treasury bill yield at 11.010 percent versus 11.024 percent last week

    Next AuctionScreen shot 2017-01-05 at 10.36.24 AM

    The Kenyan Wall Street

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