Cool Down Friday
The CBK received KES 22.604Bn in bids for this week’s T-bills, but after yesterday’s massive performance they were able to shoo away a large portion of these bids. The accepted bids amounted to KES 10.577Bn as the CBK looks to mitigate both the push for higher rates reduce their repayment burden. Attached are the results in full for your perusal. Below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting!