MONEY MARKET STATISTICS
Interbank lending eased during the week, with the average traded volumes inching 5.47% w/w higher to KES 15.91bn, from KES 15.08bn the prior week. The number of interbank deals however reduced by 13.33% w/w. The Kenya Shilling Overnight Interbank Average (KESONIA) tapered by 3.76bps w/w to an average of 9.47%. Notably, no players utilized the CBK borrowing window in the week.
Interbank rates continued to trade closely in line with the Central Bank Rate (CBR), as illustrated below:
