Money Market Statistics
Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) easing by 7.3bps w/w to an average of 8.67%. Interbank lending jumped in the week, with average traded volumes rising by 37.74% w/w to KES 12.10bn, from KES 8.79bn in the prior week. Notably, the average number of interbank deals came in at 21, up 40.0% 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:
