Money Market Statistics
Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) easing by 0.4 bps w/w to an average of 8.77%. Interbank lending softened in the week, with average traded volumes declining by 1.38% w/w to KES 8.98bn, from KES 9.11bn in the prior week. Notably, the average number of interbank deals plummeted to 18 (-30.8% 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:
