This week the Central Bank of Kenya (CBK) offered 91-day Treasury Bills for a total of Kshs. 3 Billion.The total number of bids received was 141 amounting to Kshs. 2.71 Billion, representing a subscription of 90%. Total bids accepted amounted toKshs. 2.22 Billion. The market weighted average rate was 8.770 %, and the weighted average of accepted bids which will be applied for non-competitive bids was 8.637% up from 8.219%  in the previous auction.

Next week's auction will be for  issue numbers: 2075/91 (91 day T Bill), 2056/182 and 1977/364  (6 month and 1 year bills respectively). The deadline for submission of next weeks bids is 2.00pm Wednesday ,the 24th September (for the six month and one year bills) and Thursday the 25th of September for the 91 day T Bill.

For more details, click here.