CBK accepts KSh 24.5 billion at weekly t-bills auction

Central Bank of Kenya(CBK) received bids worth KSh 25.9 Billion at the weekly treasury bills auction, an oversubscription of 107.94% and accepted KSh 24.5 Billion.

The most attractive instrument was the 364-day Treasury Bills where the monetary authority received bids worth KSh 19.1 Billion, a performance rate of 190.55 and accepted KSh 17.6 Billion out of the KSh 10 Billion on offer.

The 182-day Treasury Bills attracted bids worth KSh 5,344.77 Million, a performance rate of 53.45% with the Government’s fiscal agent accepting KSh 5,344.67 Million.

The 91-dayTreasury Bills attracted bids worth KSh 1,506.72 Million, a performance rate of 37.67% with the CBK accepting KSh 1,505.25 Million.

CBK rates offered to investors

The Monetary Authority offered investors a rate of return of 7.343%, 8.112% and 9.544% for the 91-day, 182-day and 364-day Treasury Bills respectively compare to 7.331%, 8.069% and 9.510% at the previous auction

The next Treasury Bills auction and bids closure is 3rd February 2022 and results to be announced on 4th February 2022.

ALSO READ:CBK Collects KSh 27.9 Billion at Weekly T-Bills Auction, 119.5% Oversubscription