Money Market Statistics
Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) easing by 0.51bps w/w to an average of 8.99%. Interbank lending inched remained steady, with average traded volumes inching higher by 3.3% w/w to KES 12.49bn, from KES 12.09bn in the prior week. The uptick was mirrored by a higher transaction count (+16.67% w/w to 21). 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:
