Markets

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

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.

Monitor Your Business Transaction

Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

Related Articles

Back to top button