Money Market Statistics
Interbank lending eased during the week, with the average traded volumes declining by 26.9% w/w to KES 11.85bn, from KES 16.24bn in the prior week. As a result, the average number of interbank deals inched lower by 32.0% w/w to 17. The Kenya Shilling Overnight Interbank Average (KESONIA) remained largely stable at 9.25% (-0.25bps w/w). Notably, no actor utilized the CBK borrowing window in the week.
The weighted average interbank rate continues to closely track the Central Bank Rate, underscoring the stability and effectiveness of the monetary policy framework:
