Money Market Statistics
Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) edging lower by 0.97ps w/w to an average of 8.98%. Interbank lending softened during the week, with average traded volumes trending lower by 20.2% w/w to KES 7.5bn, from KES 9.4bn in the prior week. The reduction was mirrored in lower transaction count (-28.6% w/w to 10). Find a summary below:
The weighted average interbank rate (KESONIA) continues to track the Central Bank Rate (CBR) closely, underscoring the stability and effectiveness of the monetary policy framework:
