Money Market Statistics
Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) easing by 6.05 bps w/w to an average of 8.92% as industry players priced in the recent 25 bps rate cut by CBK. Interbank lending notched higher, with average traded volumes rising by 11.6% w/w to KES 7.45bn, from KES 6.68bn in the prior week. The slowdown was mirrored by a higher transaction count (+85.7% w/w to 26). 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:
