Money Market Statistics
Liquidity conditions remained stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) closing at an average of 8.75%. Interbank lending decreased by 42%in the week, with average traded volumes coming in lower at KES 10.7bn from last week’s KES 18.7Bn. Notably, the interbank deals decreased by 29% to close the week at 17, compared to the 24 recorded in the previous week.
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:
