CBK Treasury Bills Auction Raises Ksh18.44 Billion

By Andrew Kariuki

The Central Bank of Kenya has accepted Ksh18.44 billion in the latest Treasury Bills auction held on May 4, 2026, falling short of the Ksh24.0 billion that had been offered.

The auction results show varied investor demand across the three tenors.

The 91-day Treasury Bill was oversubscribed, with Ksh8.01 billion accepted against an offer of Ksh4.0 billion, indicating strong demand for short-term securities.

The 182-day paper recorded lower uptake, with Ksh3.26 billion accepted out of the Ksh10.0 billion on offer.

The 364-day Treasury Bill attracted moderate demand, with Ksh7.18 billion accepted against the Ksh10.0 billion target.

Interest rates rose slightly across all tenors, with the weighted average rate for the 91-day bill at 8.0398%, the 182-day at 8.2115%, and the 364-day at 8.5133%.

The next Treasury Bills auction is scheduled for May 11, 2026.