CBK Accepts KSh 18.5 Billion at March T-Bonds Sale

The Central Bank of Kenya(CBK) accepts KSh 18.5 Billion at the March 2022 Treasury Bonds
sale out of bids worth KSh 40.9 Billion from KSh 50 Billion.

Out of the amounts accepted, KSh 15 Billion was made up of competitive bids while non-competitive bids amounted to KSh 3.5 Billion.

The most attractive instrument during at this auction was the 25 year Treasury Bonds which received bids worth KSh 22.6 Billion, a performance rate of 45.20% with KSh 3.9 Billion accepted. The 5 year t-bonds received bids worth KSh 9.2 Billion and KSh 8.3 Billion, a performance rate of 18.43%.

The 15 year T-Bonds received bids worth KSg 9.1 Billion while the CBK accepted KSh 6.2 Billion, a performance rate of 18.27%

The coupon rate of the 5 -year, 15-year and 25-year Treasury Bonds were 11.277%, 12.756 and 13.924% respectively at this auction.

The purpose of the funds was new borrowing/net repayments.

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