MONEY MARKET STATISTICS
Interbank lending surged during the week, with the average traded volumes rising by 104.79% w/w to KES 14.53bn, from KES 7.10bn the prior week. Consequently, the number of interbank deals increased by 87.50% w/w to 30.00. The Kenya Shilling Overnight Interbank Average (KESONIA) remained largely stable (+1.25bps w/w) at an average of 9.25%. Notably, no actor 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:
