MONEY MARKET STATISTICS
Interbank lending increased during the week, with the average traded volumes jumping by 102.25% w/w to KES 13.92bn, from KES 6.88bn the prior week. Consequently, the number of interbank deals edged higher by 44.44% w/w to 26. The Kenya Shilling Overnight Interbank Average (KESONIA) eased slightly (-1.68bps w/w) to an average of 9.23%. Notably, no actor utilized the CBK borrowing window in the week.
The weighted average interbank rate continues to closely track the Central Bank Rate, underscoring the stability and effectiveness of the monetary policy framework:
