CBK Mops KSh118Bn in June

CBK collected KSh 118.174 billion from the domestic market in June through treasury bills and bonds auction.

In June the treasury bonds and bids were oversubscribed indicating huge investor appetite for government securities.

For instance, the reopened 5-year and 10-year bond received bids amounting to KSh 105.14 billion against an advertised amount of KSH 40 billion representing a 262.84 percent subscription.

The Treasury bills auction of June 11 received bids totaling KSh 69.7 billion against an advertised amount of KSh 24.0 billion, representing a performance of 290.5 percent.

CBK says that the government’s net borrowing target for FY2019/20 was KSh 409.7 billion and it has been achieved. The latest data from the Treasury indicates that as of 29 May 2020, domestic borrowing amounted to KSh 506.981 billion.

READ ALSO: CBK Nets KSh101 Billion from Domestic Market in May

T.Bills & Bonds floated in June

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