Last Chance to Tap
The TAP Sale closes today and bids must be submitted at the CBK by 2.00 PM. Attached is the prospectus for any additional information required. The T-bill auction continues to attract lots of interest as we witness another significantly oversubscribed performance. The CBK managed to lock in KES 44.719Bn from a total of KES 45.914Bn in bids received. Interest remains heavily skewed towards the shorter dated bills as risk aversion continues to be signaled by market players. Attached are the auction results in full for your perusal. Away from this, below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting, tapping, bidding and weekending!