The recent good showing in the T-bill auction has continued this week as the CBK received KES 34.577Bn in bids and accepted KES 30.755Bn. Even with the rejections, the CBK managed to comfortably surpass their KES 24Bn target. These results do indicate that there is liquidity in the market but that there is a sense of risk aversion from market players as the T-bond auctions this month have performed poorly as the T-bill auctions have performed well. Attached are the T-bill results for your perusal.
Away from this, below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting and bidding!