After a poor showing in the T-bond auction plus the recent poor showing in the T-bill auctions in the recent weeks, yesterday’s T-bill auction was surprisingly oversubscribed. The market placed bids totaling KES 26.397Bn with the CBK accepting KES 19.058Bn. Bids were heavily skewed towards the shorter dated bills as T-bill yield curve continues to flatten. Attached are the T-bill results in full for your perusal.
For your secondary market activities, below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting!