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 49% in the week, with average traded volumes coming in at KES 5.61bn from last week’s KES 10.96Bn. Notably, the interbank deals decreased by 40% to close the week at 15, compared to the 25 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:
