{"id":11167,"date":"2024-12-02T07:47:00","date_gmt":"2024-12-02T07:47:00","guid":{"rendered":"https:\/\/sib.co.ke\/reports\/?p=11167"},"modified":"2024-12-09T07:57:30","modified_gmt":"2024-12-09T07:57:30","slug":"weekly-fixed-income-report-2-dec-2024","status":"publish","type":"post","link":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-2-dec-2024\/","title":{"rendered":"WEEKLY FIXED INCOME REPORT\u00a0| 2 Dec 2024"},"content":{"rendered":"\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-f7adb7cd-2b52-402e-9867-96b444778e9d\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/SIB-Fixed-Income-Weekly-Report-2-Dec-2024.pdf\">SIB Fixed Income Weekly Report 2 Dec 2024<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/SIB-Fixed-Income-Weekly-Report-2-Dec-2024.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-f7adb7cd-2b52-402e-9867-96b444778e9d\">Download<\/a><\/div>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>MONEY MARKET ANALYSIS\u00a0<\/strong><\/h4>\n\n\n\n<p>This week, the average lending rate slightly nudged upwards to 11.91% from 11.87%, underscoring stable conditions. On the flip side, interbank volumes dropped to KES 22.83bn from KES 28.31bn, in tandem with a 5.13% decline in transaction count.&nbsp;<\/p>\n\n\n\n<p>The table below summarizes the market liquidity indicators:&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"190\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.53.01-AM-1024x190.png\" alt=\"\" class=\"wp-image-11168\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.53.01-AM-1024x190.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.53.01-AM-300x56.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.53.01-AM-768x143.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.53.01-AM-1536x286.png 1536w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.53.01-AM.png 2044w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><br>Open market operations intensified this week, with banks significantly increasing their bids to KES 68.40bn, marking a robust 78.2% rise from last week\u2019s KES 38.38bn. Consequently, the operations resulted in a net liquidity injection of KES 17.12bn, while KES 34.03bn exited the interbank market to settle previous issuances.\u00a0<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"456\" height=\"860\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.53.51-AM.png\" alt=\"\" class=\"wp-image-11169\" style=\"width:182px;height:auto\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.53.51-AM.png 456w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.53.51-AM-159x300.png 159w\" sizes=\"(max-width: 456px) 100vw, 456px\" \/><\/figure><\/div>\n\n\n<p><br>Notably, the weighted average interbank rate has closely aligned with the Central Bank Rate in recent weeks, with actual highs and lows remaining well within the interest rate corridor, exhibiting no deviations. See the chart below;\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"439\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.54.43-AM-1024x439.png\" alt=\"\" class=\"wp-image-11170\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.54.43-AM-1024x439.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.54.43-AM-300x129.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.54.43-AM-768x329.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.54.43-AM-1536x659.png 1536w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-09-at-10.54.43-AM.png 2024w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Read full report:<\/p>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-f7adb7cd-2b52-402e-9867-96b444778e9d\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/SIB-Fixed-Income-Weekly-Report-2-Dec-2024.pdf\">SIB Fixed Income Weekly Report 2 Dec 2024<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/SIB-Fixed-Income-Weekly-Report-2-Dec-2024.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-f7adb7cd-2b52-402e-9867-96b444778e9d\">Download<\/a><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MONEY MARKET ANALYSIS\u00a0 This week, the average lending rate slightly nudged upwards to 11.91% from 11.87%, underscoring stable conditions. On the flip side, interbank volumes dropped to KES 22.83bn from KES 28.31bn, in tandem with a 5.13% decline in transaction count.&nbsp; The table below summarizes the market liquidity indicators:&nbsp; Open market operations intensified this week,&#8230;<\/p>\n","protected":false},"author":3,"featured_media":11155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[1],"tags":[80,81,82],"class_list":["post-11167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weekly-reports","tag-fixed-income-report","tag-t-bills","tag-t-bonds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WEEKLY FIXED INCOME REPORT\u00a0| 2 Dec 2024 - Standard Investment Bank<\/title>\n<meta name=\"description\" content=\"November inflation holds steady at 2.8%, signaling price stability month-on-month. 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