NAIROBI (Xinhua) --
Uptake of Kenya’s government securities remained
low for the third week in a row as investors kept off the debt
The 91-day and
182-day Treasury bills were the worst performers this week, the
Central Bank of Kenya (CBK) said in its end of the week bulletin
“The 91-day paper
and the 182-day paper were under-subscribed at 60.9 percent and
30.3 percent respectively,” said the CBK, adding the 364-day
bill recorded a subscription rate of 105.6 percent.
performance of the government securities was a slight
improvement from the previous week, it remained low as in the
past weeks, the bills have recorded up to 200 percent uptake.
The auction received
bids totalling 160 million U.S. dollars against an advertised
amount of 240 million dollars.