The T-bill auction was oversubscribed as liquidity in the local space improved after taking a hit once the payments of this month’s bond auction were submitted. Out of KES 26.073Bn in bids received in the T-bill auction, the CBK accepted KES 23.254Bn as they look to mitigate the push for higher rates from the market. Attached are the results in full for your perusal.
For the day ahead, below is a snapshot of what is at play within the secondary market for your consideration. Happy Hunting and enjoy the weekend!