CBK bags over Ksh.7.1 billion at treasury bill weekly auction

Kenya Shilling hits 14-month all-time low to 114 units against US dollar

The Central Bank of Kenya (CBK) received Ksh.7.124 billion at the Weekly Treasury Bills Auction from the Ksh.24 billion on offer, an under subscription of 29.69 percent.

The National Treasury accepted Ksh.7.100 billion, with the 91 days T-Bills being the most attractive, whereas CBK took Ksh.1.5 billion out of the Ksh.4 billion on offer and received bids worth Ksh.5.1 billion.

The 182-day T Bills received bids worth Ksh.3.1 billion out of the Ksh.10 billion on offer, with the CBK accepting the entire amount, a performance rate of 31.32 percent.

The least attractive instrument was the 364 day Treasury Bills which received bids worth Ksh.2.5 billion, an undersubscription of 24.71 percent, with CBK accepting Ksh.2.4 billion.

Bids closure and the next T Bills Auction is April 7, 2022, while results will be announced on April 8, 2022.

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Lawrence Baraza is a prolific writer with competencies in Digital Media, Print, and Broadcast. Baraza is also a Communication Practitioner currently spearheading Digital content on Metropol TV's Digital Desk.

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