Connect with us

Business News

The CBK Collects KSh 26.5 Billion from Weekly T-Bills Auction

Published

on

[ad_1]

The Central Bank of Kenya(CBK) accepted KSh 26.5 Billion out of bids received worth KSh 29.3 Billion, a performance rate of 122.12%

The most attractive instrument was the 91-day Treasury Bills which received bids worth KSh 9.841 Billion with the state fiscal agent accepting KSh 9.839 Billion, a performance rate of 246.04%.

The 182 day treasury bills accepted KSh 12.3 out of KSh 12.6 Billion worth of bids received, a performance rate of 126.01%.

The least attractive was the 364 day treasury bills which received bids worth KSh 6.9 Billion out of the KSh 10 Billion on offer with CBK accepting KSh 4.4 Billion, a performance rate of 68.66%

Interest rates offered for the 91-day, 182 day and 364-day treasury bills was 7.265%, 8.063% and 9.774% at this auction compared to 7.254, 8.062% and 9.764% respectively at the previous auction

Bids closure and the next auction is 10th March 2022 while results will be announced on 11th March 2022.

ALSO READ:CBK Collects KSh12.7 Billion from Weekly T-Bills Auction

[ad_2]

Source link

Comments

comments

Facebook

Trending