Money Market Statistics
Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) easing by 2.9bps w/w to an average of 8.74%. Interbank lending softened slightly in the week, with average traded volumes declining by 2.18% w/w to KES 8.79bn, from KES 8.98bn in the prior week. Notably, the average number of interbank deals dropped to 15 (-16.67% w/w). Find the 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:
