Treasury bill uptake higher on liquidity

The Central Bank of Kenya (CBK) building in Nairobi. FILE PHOTO | NMG

The Treasury bills market last week received higher subscription helped by improved liquidity condition, with an overall subscription of 153.5 per cent up from previous 136.1 per cent.

The week’s auction attracted bids worth Sh36.8 billion against the Central Bank of Kenya’s target of Sh24 billion.

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Note: The results are not exact but very close to the actual.