Business

CBK Collects KSh 7.8 Billion from Weekly Auction


Central Bank of Kenya(CBK) accepted bids worth KSh 7.8 Billion out of KSh 24 Billion it had offered investors, a performance rate of 32.6%.


The most attractive paper was the 364-day Treasury Bills which received bids worth KSh 4.9 Billion out of the KSh 10 Billion offered with the CBK accepting the entire amount.


The 182-day Treasury Bills received bids worth KSh 2.3 Billion out of KSh 10 Billion offered, a performance of 23.2%


The 91-day Treasury Bills was the least attractive with bids received worth KSh 572 Million out of KSh 4 Billion, a performance rate of 14.31% with the CBK accepting the entire amount.


Interest rates offered for the 91-day, 182-day and 364-day Treasury Bills was 7.271%, 8.095% and 9.367% respectively at this auction compared to 7.264%, 7.982% and 9.265% at the previous auction.


The next auction and bids closure is 6th January 2022 while results will be announced on 7th January 2022.

ALSO READ:CBK Accepts Bids Worth KSh 17.9 Billion at Weekly T-Bills Auction

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