Money Market Statistics
Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) edging higher by 0.83bps w/w to an average of 8.68%. Interbank lending remained largely flat in the week, with average traded volumes at KES 11.96bn (-1.19% w/w). Notably, the average number of interbank deals came in at 24, up 14.29% 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:
