CBK Taps Ksh.25 Billion From Ksh.35 Billion Jan Auction

The Central Bank of Kenya (CBK) issued the results of the reopened three-year and five-year Treasury Bond Issue, which was conducted on January 10, 2024, attracting performance rate of 106 percent.

The three-year bond, with an issue number of FXD1/2014/003 and a maturity date of January 11, 2027, was auctioned at Ksh.29 billion, attracting a market weighted average rate of 18.6 percent. The CBK accepted Ksh.22 billion for this bond, an 83 percent performance rate.

The five-year bond, with an issue number of FXD1/2013/005 and a maturity date of July 10, 2028, was auctioned at Ksh.8 billion, attracting a market weighted average rate of 19 percent. The CBK accepted Ksh.2.9 billion for this bond, representing a performance rate of 36.49 percent.

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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.

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