Below are the underlined market activities for the week of 18th june ending 24th June 2017.
The weighted average yield on the 91-day Treasury bills decreased to 8.310 percent from 8.371 percent last week. CBK had offered bills worth KES4.00BN and received bids worth KES 3.347BN a 83.68 percent subscription rate. Bids worth KES 3.325BN were accepted.
The weighted average yield on the 182-day Treasury bills increased to 10.314 percent from 10.301 percent last week. CBK had offered bills worth KES 10.00BN and received bids worth KES 12.044BN a 120.44 percent subscription rate. Bids worth KES 11.331BN were accepted.
The weighted average yield on Kenya’s 364-day Treasury bills increased marginally to 10.868 percent from 10.863 percent last week. CBK had offered bills worth KES 10.00BN and received bids worth KES 9.517BN, a 95.18 percent subscription rate. Bids worth KES 9.048BN were accepted.
The Central Bank said that next week it would offer KES24BN worth of 91, 182 day and 364 day Treasury bills.
The contents heretofore are for information only and have been gathered from various sources. Whilst every effort has been made to verify the accuracy, we cannot be held responsible should it be otherwise.