Interest rates mixed in Kenya’s weekly auction of Treasury bills
By David Indeje / September 1, 2017 | 7:13 am
Yields on Kenya’s short term treasury bills, 182-day, 364-day T-bills rose and the 91-day dipped at Thursday auction.
The yield on 91-day, 182-day and 364-day coming at 8.139 percent, 10.316 percent and 10.922 percent, respectively.
The Central Bank on 91-day, 182-day and 364-day received Ksh 2.32 Billion, Ksh 12.52 billion and Ksh 14.89 Billion
“Demand remains high on these tenors (1yrs – 3yrs) on account of improved bank liquidity as end month disbursements filtered into the system,” according to Genghis Analysts.
The CBK mopped up excess liquidity in Thursday’s session, taking out Ksh 10Bn at 7.6 percent.
The Central bank’s re-opened 5 year TAP sale raised up Ksh 13Bn in bids ‘which was a good performance.’
More Articles From This Author