{"id":11256,"date":"2025-01-27T10:05:00","date_gmt":"2025-01-27T10:05:00","guid":{"rendered":"https:\/\/sib.co.ke\/reports\/?p=11256"},"modified":"2025-01-27T13:37:55","modified_gmt":"2025-01-27T13:37:55","slug":"weekly-fixed-income-report-27-jan","status":"publish","type":"post","link":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-27-jan\/","title":{"rendered":"WEEKLY FIXED INCOME REPORT\u00a0| 27 Jan 2025"},"content":{"rendered":"\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-677bdc11-1b3f-4318-836b-9f494c04f7e4\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/SIB-Fixed-Income-Weekly-Report-27-Jan-2025.pdf\">SIB Fixed Income Weekly Report 27 Jan 2025<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/SIB-Fixed-Income-Weekly-Report-27-Jan-2025.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-677bdc11-1b3f-4318-836b-9f494c04f7e4\">Download<\/a><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">MONEY MARKET ANALYSIS<\/h4>\n\n\n\n<p>Liquidity conditions in the money market demonstrated notable stability over the week, with the average lending rate holding steady at 11.31%, unchanged from the previous week. Meanwhile, interbank trading activity softened, with transaction volumes declining by 22.6% to KES 23.14 billion, down from KES 29.92 billion. This dip coincided with a 30.91% reduction in transaction count, reflecting moderated market activity.<br><br>The table below summarizes the market liquidity indicators:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"176\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-4.13.29-PM-1024x176.png\" alt=\"\" class=\"wp-image-11257\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-4.13.29-PM-1024x176.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-4.13.29-PM-300x52.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-4.13.29-PM-768x132.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-4.13.29-PM.png 1324w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Conversely, the discount window remained inactive, while open market operations slowed during the week, with less than KES 10.0bn being injected into the market through reverse repos. Notably, the weighted average interbank rate has stayed closely aligned with the Central Bank Rate (CBR). Interbank rate fluctuations remained well within the interest rate corridor, underscoring the stability and responsiveness of the monetary policy framework.<br><\/p>\n\n\n\n<p>See the chart below;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"437\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-4.15.02-PM-1024x437.png\" alt=\"\" class=\"wp-image-11258\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-4.15.02-PM-1024x437.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-4.15.02-PM-300x128.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-4.15.02-PM-768x328.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-4.15.02-PM.png 1292w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\">Read full report:<\/h4>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-677bdc11-1b3f-4318-836b-9f494c04f7e4\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/SIB-Fixed-Income-Weekly-Report-27-Jan-2025.pdf\">SIB Fixed Income Weekly Report 27 Jan 2025<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/01\/SIB-Fixed-Income-Weekly-Report-27-Jan-2025.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-677bdc11-1b3f-4318-836b-9f494c04f7e4\">Download<\/a><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MONEY MARKET ANALYSIS Liquidity conditions in the money market demonstrated notable stability over the week, with the average lending rate holding steady at 11.31%, unchanged from the previous week. Meanwhile, interbank trading activity softened, with transaction volumes declining by 22.6% to KES 23.14 billion, down from KES 29.92 billion. This dip coincided with a 30.91%&#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":[133,132,81],"class_list":["post-11256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weekly-reports","tag-central-bank-rate","tag-moodys","tag-t-bills"],"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| 27 Jan 2025 - Standard Investment Bank<\/title>\n<meta name=\"description\" content=\"Moody\u2019s Upgrades Kenya\u2019s Outlook: Anchored in Fiscal Reforms andFalling Interest Rates. 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