MONEY MARKET STATISTICS
Interbank lending declined during the week, with the average traded volumes softening by 22.51% w/w to KES 11.26bn, from KES 14.53bn the prior week. Consequently, the number of interbank deals edged lower by 23.33% w/w to 23. The Kenya Shilling Overnight Interbank Average (KESONIA) remained largely stable (+0.67bps w/w) at an average of 9.26%. Notably, no actor utilized the CBK borrowing window in the week.
Interbank rates continued to trade closely in line with the Central Bank Rate (CBR), as illustrated below:
