Kenya’s Central Bank Raises Ksh 17.4 Billion at the Weekly T-Bills Auction

The Central Bank of Kenya(CBK) has accepted bids worth KSh 17.4 Billion at the Weekly Treasury Bills Auction, which had a performance rate of 72.7%.

The most attractive instrument was the 91-day Treasury Bills with received bids worth KSh 6.9 Billion, a performance rate of 172.5% with the government’s fiscal agent accepting the entire amount.

The 182-day Treasury Bills attracted bids worth KSh 7.7 Billion out of KSh 10 Billion offered, a performance rate of 77.03%.

The 364-Treasury Bills attracted bids worth KSh 2.8 Billion out of KSh 10 Billion offered for this instrument at the auction, a performance rate of 28.31%.

The rates offered for the 91-day, 182-day and 364-day Treasury Bills were 6.781%, 7.253% and 7.777% compared to 6.774%, 7.226% and 7.515% at the previous auction.

The next auction and bids closure is 16th September 2021 while results will be announced on 17th September 2021.

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