Yields on Kenya’s Treasury bills dip at weekly auction

Interest rates on short-term Treasury bills, 182-day, 364-day T-bills and 91-day fell in Thursday’s auction.

The Central Bank of Kenya auctioned Ksh 34 Billion –Ksh 4.0Bn 91-day, Ksh 10.0Bn 182-day and Ksh 10.0Bn 364-day however, due to the low  liquidity environment:

The yields on the 182-day and 364-day T-bills dipped at 10.308 percent versus 10.323  and 10.887 percent versus 10.893 respectively with the previous week.

The total subscriptions went down to Ksh 4.28 Billion against an offered amount of Ksh 20 billion.

CBK sold Ksh2.22 billion worth of 91-day T-bills at a yield of 8.205 percent versus 8.205 percent last week.