Money Market Statistics
Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) easing by 0.62bps w/w to an average of 8.98%. Interbank lending inched lower, with average traded volumes easing by 46.5% w/w to KES 6.68bn, from KES 12.49bn in the prior week. The slowdown was mirrored by a lower transaction count (-46.52% w/w to 14). 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:
