Central Bank of Kenya(CBK) received bids worth KSh 27.8 Billion at the weekly Treasury Bills Auction, an oversubscription of 115.82% and accepted KSh 25.8 billion.
The most attractive instrument at the auction held on 3rd February 2022, was the 364 day Treasury Bills which received bids worth KSh 16.2 Billion out of the KSh 10 Billion offered at this auction, a performance rate of 161.68% with CBK accepting KSh 14.3 Billion.
The 91-day Treasury Bills received bids worth KSh 3.4 Billion, a performance rate of 84.63%, with the monetary authority accepting KSh 3.3 Billion.
The least attractive instrument was the 182-day Treasury Bills which received bids worth KSh8,244.05 Million, a performance rate of 82.44% with the state fiscal agent accepting KSh 8,243.86 Million.
Out of the total amount accepted at this auction, competitive bids were worth KSh 22.4 Billion while non competitive bids were worth KSh 3.4 Billion.
CBK offer to successful bidders
Interest rates paid for the 91-day, 182-day and 364-day Treasury Bills was 7.317%, 8.095% and 9.594% at this auction respectively compared to 7.343%, 8.112% and 9.544% at the previous auction.
Bids closure and next auction date is 10th February 2022 while results will be announced on 11th February 2022.