CBK Collects KSh 23.7M At Weekly Auction

Central Bank of Kenya(CBK) has collected KSh 23, 726.02 Million at the Weekly Treasury Bills Auction, an undersubscription of 98.905%

It received bids worth KSh 23,726.02 Million out of KSh 24,000 Million.

The most attractive instrument was the 91-day Treasury Bills which received bids worth KSh 8, 180.05 Million, an oversubscription of 204.50%, out of the KSh 4 Billion, with the state fiscal agent accepting KSh 8,171.92 Million.

The six months Treasury Bills received bids worth KSh 9 Billion out of KSh 10 Billion on offer, a performance rate of 90.19%, with the CBK accepting the entire amount.

The least attractive instrument was the 364-day Treasury Bills, which received bids worth KSh 6,537.28 Million, a performance rate of 65.37%, with the CBK accepting KSh 6,535.46 Million.

The average interest rates of accepted bids for the 91-day, 182-day and 364-day treasury bills were 7.448%, 8.373% and 9.755%, respectively, at this auction, compared to 7.424%, 8.315% and 9.745% at the previous auction.

Bids closure and the next auction will be on 28th April 2022, while results will be announced on 29th April 2022.

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