Central Bank of Kenya(CBK) collected KSh 14billion at this week’s treasury bills auction and received bids worth KSh 14.7billion out of the KSh 24billion on offer, an under subscription rate of 61.26%.
The most attractive debt instrument was the three months T-bills which received bids worth KSh 3,245.06m, a performance rate of 81.13% out of the KSh 4,000m on offer, with the state fiscal agent accepting KSh 3,243.24m, which comprised of KSh 2,103.85m in competitive bids and KSh 1,229.39m in non-competitive bids.
The one-year T-bills received bids worth KSh 7.5billion out of the KSh 10 billion on offer, with the state fiscal agent accepting KSh 6.8 billion, a performance rate of 75.57%.
The six-month T-bills were the least attractive, where the CBK received bids worth KSh 3,999.76m out of KSh 10 billion on offer, a performance rate of 40%, with the state accepting KSh 3,999.04m.
Central Bank of Kenya(CBK) collected KSh 14billion at this week’s treasury bills auction and received bids worth KSh 14.7billion out of the KSh 24billion on offer, an under subscription rate of 61.26%.
The most attractive debt instrument was the three months T-bills which received bids worth KSh 3,245.06m, a performance rate of 81.13% out of the KSh 4,000m on offer, with the state fiscal agent accepting KSh 3,243.24m, which comprised of KSh 2,103.85m in competitive bids and KSh 1,229.39m in non-competitive bids.
The one-year T-bills received bids worth KSh 7.5billion out of the KSh 10 billion on offer, with the state fiscal agent accepting KSh 6.8 billion, a performance rate of 75.57%.
The six-month T-bills were the least attractive, where the CBK received bids worth KSh 3,999.76m out of KSh 10 billion on offer, a performance rate of 40%, with the state accepting KSh 3,999.04m.
