Money Market Statistics
Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) edging up 1.0bps w/w to an average of 8.76%. Interbank lending remained decreased in the week, with average traded volumes at KES 11.20bn. Notably, the average number of interbank deals came in at 21, down 35% 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:
