MONEY MARKET STATISTICS
Interbank lending volumes rose to KES 11.93bn from KES 5.30bn, despite a slight drop in transaction activity over the week. Meanwhile, the average interbank rate held largely steady, edging down slightly to 9.63%, amid continued liquidity absorption in the market by the Central Bank. The table below summarizes the market liquidity indicators:
On a month-on-month basis, average traded volumes have started July on a slow note, following a brief revival in June. See the chart below:
Interbank rates remain well anchored within the corridor. See the chart below;
