NAIROBI, Jan. 18 (Xinhua) -- The uptake of Kenyan government securities sustained an upward trend this week as the debt market overcame the shock from the Tuesday terror attack in Nairobi.
All the Treasury bills on offer recorded a subscription rate of over 100 percent, the Central Bank of Kenya (CBK) data showed on Friday.
Overall subscription of the three Treasury bills, namely 91-day, 182-day and 364-day, stood at 161 percent, according to the CBK.
The 91-day bill had the highest subscription rate at 180 percent, followed by 364-day paper at 176 percent and 182-day at 138 percent.
However, this was a slight decline from last week when the papers recorded an overall subscription of 281 percent, according to the central bank.
The government this week raised 28.5 billion Kenyan shillings (282 million U.S. dollars) from the papers, more than the 237 million dollars it had sought, showed the CBK data.
This week's over-performance of the bills is the second in a row, after the market overcame nine weeks of poor performance.
