{"id":11374,"date":"2025-03-17T10:32:28","date_gmt":"2025-03-17T10:32:28","guid":{"rendered":"https:\/\/sib.co.ke\/reports\/?p=11374"},"modified":"2025-03-18T06:21:37","modified_gmt":"2025-03-18T06:21:37","slug":"weekly-fixed-income-report-17-mar-2025","status":"publish","type":"post","link":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/","title":{"rendered":"WEEKLY FIXED INCOME REPORT | 17 Mar 2025"},"content":{"rendered":"\n
SIB Fixed Income Weekly Report 17 Mar 2025<\/a>Download<\/a><\/div>\n\n\n\n


MONEY MARKET ANALYSIS<\/strong><\/h4>\n\n\n\n

Interbank lending rejuvenated this week, defying last week\u2019s declining trend as traded volumes jumped 85.31% KES 21.85bn from KES 11.79bn. Deal numbers echoed the rise, increasing by 37.0%. On the flip side, the average interbank rate remained relatively stable, inching down marginally to 10.68% from 10.70% the week before. Key to note, the discount window was active following weeks of inactivity though only KES 200m was traded. The table below summarises the market liquidity indicators:<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

So far, the average traded volumes in the interbank market remains higher than that of March but way below what was traded in January. This suggests a potentially tightened liquidity as banks seemingly hold their liquidity. See below a visual chart of the interbank market trends;<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The weighted average interbank rate has closely tracked the Central Bank Rate, underscoring the stability and\u00a0effectiveness of the monetary policy framework. See the chart below;<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Read Full Report:<\/h4>\n\n\n\n
SIB Fixed Income Weekly Report 17 Mar 2025<\/a>Download<\/a><\/div>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

MONEY MARKET ANALYSIS Interbank lending rejuvenated this week, defying last week\u2019s declining trend as traded volumes jumped 85.31% KES 21.85bn from KES 11.79bn. Deal numbers echoed the rise, increasing by 37.0%. On the flip side, the average interbank rate remained relatively stable, inching down marginally to 10.68% from 10.70% the week before. Key to note,…<\/p>\n","protected":false},"author":4,"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,"_kad_post_classname":"","footnotes":""},"categories":[174,1],"tags":[165,98,79,81,82],"class_list":["post-11374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fixed-income-reports","category-weekly-reports","tag-currency-performance","tag-kenyan-eurobonds","tag-market-news","tag-t-bills","tag-t-bonds"],"yoast_head":"\nWEEKLY FIXED INCOME REPORT | 17 Mar 2025 - Standard Investment Bank<\/title>\n<meta name=\"description\" content=\"Diaspora Remittances declines by 1.0% y\/y to USD 382.2m in February 2025. Cumulative Tax Revenues Rise only 2.2%y\/y for the First Eight Months of FY24\/25\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WEEKLY FIXED INCOME REPORT | 17 Mar 2025\" \/>\n<meta property=\"og:description\" content=\"Diaspora Remittances declines by 1.0% y\/y to USD 382.2m in February 2025. Cumulative Tax Revenues Rise only 2.2%y\/y for the First Eight Months of FY24\/25\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Standard Investment Bank\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-17T10:32:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-18T06:21:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Weekly-FI-Report-Cover.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Edward Kalaghe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"WEEKLY FIXED INCOME REPORT | 17 Mar 2025\" \/>\n<meta name=\"twitter:description\" content=\"Diaspora Remittances declines by 1.0% y\/y to USD 382.2m in February 2025. Cumulative Tax Revenues Rise only 2.2%y\/y for the First Eight Months of FY24\/25\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Weekly-FI-Report-Cover.png\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Edward Kalaghe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/\"},\"author\":{\"name\":\"Edward Kalaghe\",\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/#\\\/schema\\\/person\\\/013bb4773210ef36e624b46505dae91d\"},\"headline\":\"WEEKLY FIXED INCOME REPORT | 17 Mar 2025\",\"datePublished\":\"2025-03-17T10:32:28+00:00\",\"dateModified\":\"2025-03-18T06:21:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/\"},\"wordCount\":169,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Weekly-FI-Report-Cover.png\",\"keywords\":[\"Currency performance\",\"Kenyan Eurobonds\",\"Market News\",\"T-bills\",\"t-bonds\"],\"articleSection\":[\"Fixed Income Reports\",\"Weekly Reports\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/\",\"url\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/\",\"name\":\"WEEKLY FIXED INCOME REPORT | 17 Mar 2025 - Standard Investment Bank\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Weekly-FI-Report-Cover.png\",\"datePublished\":\"2025-03-17T10:32:28+00:00\",\"dateModified\":\"2025-03-18T06:21:37+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/#\\\/schema\\\/person\\\/013bb4773210ef36e624b46505dae91d\"},\"description\":\"Diaspora Remittances declines by 1.0% y\\\/y to USD 382.2m in February 2025. Cumulative Tax Revenues Rise only 2.2%y\\\/y for the First Eight Months of FY24\\\/25\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/#primaryimage\",\"url\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Weekly-FI-Report-Cover.png\",\"contentUrl\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Weekly-FI-Report-Cover.png\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/weekly-fixed-income-report-17-mar-2025\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"WEEKLY FIXED INCOME REPORT | 17 Mar 2025\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/#website\",\"url\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/\",\"name\":\"Standard Investment Bank\",\"description\":\"Investment Solutions to Meet Your Needs\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/#\\\/schema\\\/person\\\/013bb4773210ef36e624b46505dae91d\",\"name\":\"Edward Kalaghe\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6be84d7bf49d3796cb98bb813873a81e5e45adfaf0e5661ed5d5097c0c70e088?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6be84d7bf49d3796cb98bb813873a81e5e45adfaf0e5661ed5d5097c0c70e088?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6be84d7bf49d3796cb98bb813873a81e5e45adfaf0e5661ed5d5097c0c70e088?s=96&d=mm&r=g\",\"caption\":\"Edward Kalaghe\"},\"url\":\"https:\\\/\\\/sib.co.ke\\\/reports\\\/author\\\/edward\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"WEEKLY FIXED INCOME REPORT | 17 Mar 2025 - Standard Investment Bank","description":"Diaspora Remittances declines by 1.0% y\/y to USD 382.2m in February 2025. Cumulative Tax Revenues Rise only 2.2%y\/y for the First Eight Months of FY24\/25","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/","og_locale":"en_US","og_type":"article","og_title":"WEEKLY FIXED INCOME REPORT | 17 Mar 2025","og_description":"Diaspora Remittances declines by 1.0% y\/y to USD 382.2m in February 2025. Cumulative Tax Revenues Rise only 2.2%y\/y for the First Eight Months of FY24\/25","og_url":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/","og_site_name":"Standard Investment Bank","article_published_time":"2025-03-17T10:32:28+00:00","article_modified_time":"2025-03-18T06:21:37+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Weekly-FI-Report-Cover.png","type":"image\/png"}],"author":"Edward Kalaghe","twitter_card":"summary_large_image","twitter_title":"WEEKLY FIXED INCOME REPORT | 17 Mar 2025","twitter_description":"Diaspora Remittances declines by 1.0% y\/y to USD 382.2m in February 2025. Cumulative Tax Revenues Rise only 2.2%y\/y for the First Eight Months of FY24\/25","twitter_image":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Weekly-FI-Report-Cover.png","twitter_misc":{"Written by":"Edward Kalaghe","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/#article","isPartOf":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/"},"author":{"name":"Edward Kalaghe","@id":"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/013bb4773210ef36e624b46505dae91d"},"headline":"WEEKLY FIXED INCOME REPORT | 17 Mar 2025","datePublished":"2025-03-17T10:32:28+00:00","dateModified":"2025-03-18T06:21:37+00:00","mainEntityOfPage":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/"},"wordCount":169,"commentCount":0,"image":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Weekly-FI-Report-Cover.png","keywords":["Currency performance","Kenyan Eurobonds","Market News","T-bills","t-bonds"],"articleSection":["Fixed Income Reports","Weekly Reports"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/","url":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/","name":"WEEKLY FIXED INCOME REPORT | 17 Mar 2025 - Standard Investment Bank","isPartOf":{"@id":"https:\/\/sib.co.ke\/reports\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/#primaryimage"},"image":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Weekly-FI-Report-Cover.png","datePublished":"2025-03-17T10:32:28+00:00","dateModified":"2025-03-18T06:21:37+00:00","author":{"@id":"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/013bb4773210ef36e624b46505dae91d"},"description":"Diaspora Remittances declines by 1.0% y\/y to USD 382.2m in February 2025. Cumulative Tax Revenues Rise only 2.2%y\/y for the First Eight Months of FY24\/25","breadcrumb":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/#primaryimage","url":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Weekly-FI-Report-Cover.png","contentUrl":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Weekly-FI-Report-Cover.png","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-17-mar-2025\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sib.co.ke\/reports\/"},{"@type":"ListItem","position":2,"name":"WEEKLY FIXED INCOME REPORT | 17 Mar 2025"}]},{"@type":"WebSite","@id":"https:\/\/sib.co.ke\/reports\/#website","url":"https:\/\/sib.co.ke\/reports\/","name":"Standard Investment Bank","description":"Investment Solutions to Meet Your Needs","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sib.co.ke\/reports\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/013bb4773210ef36e624b46505dae91d","name":"Edward Kalaghe","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6be84d7bf49d3796cb98bb813873a81e5e45adfaf0e5661ed5d5097c0c70e088?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6be84d7bf49d3796cb98bb813873a81e5e45adfaf0e5661ed5d5097c0c70e088?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6be84d7bf49d3796cb98bb813873a81e5e45adfaf0e5661ed5d5097c0c70e088?s=96&d=mm&r=g","caption":"Edward Kalaghe"},"url":"https:\/\/sib.co.ke\/reports\/author\/edward\/"}]}},"_links":{"self":[{"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/posts\/11374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/comments?post=11374"}],"version-history":[{"count":1,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/posts\/11374\/revisions"}],"predecessor-version":[{"id":11381,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/posts\/11374\/revisions\/11381"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/media\/11155"}],"wp:attachment":[{"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/media?parent=11374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/categories?post=11374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/tags?post=11374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}