{"id":11392,"date":"2025-03-24T07:47:12","date_gmt":"2025-03-24T07:47:12","guid":{"rendered":"https:\/\/sib.co.ke\/reports\/?p=11392"},"modified":"2025-03-24T07:47:14","modified_gmt":"2025-03-24T07:47:14","slug":"weekly-fixed-income-report-24-mar-2025","status":"publish","type":"post","link":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-24-mar-2025\/","title":{"rendered":"WEEKLY FIXED INCOME REPORT | 24 Mar 2025"},"content":{"rendered":"\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-8389d5b5-eb1e-475f-8450-3e0936af77d4\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/SIB-Fixed-Income-Weekly-Report-24-Mar-2025.pdf\">SIB Fixed Income Weekly Report 24 Mar 2025<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/SIB-Fixed-Income-Weekly-Report-24-Mar-2025.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-8389d5b5-eb1e-475f-8450-3e0936af77d4\">Download<\/a><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">MONEY MARKET ANALYSIS<\/h4>\n\n\n\n<p>Interbank lending dipped by more than half, following a week of recovery as traded volumes jumped 60.4% to\u00a0KES 8.66bn from KES 21.85bn, in the previous week. Deal numbers echoed the decline, decreasing by 35.1%.\u00a0On the flip side, the average interbank rate has remained relatively stable, inching up marginally to 10.69% from\u00a010.69% the week before. The table below summarises the market liquidity indicators:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"170\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.21-1024x170.png\" alt=\"\" class=\"wp-image-11394\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.21-1024x170.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.21-300x50.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.21-768x127.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.21.png 1170w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>During the week, the Central Bank mopped KES 251.3bn worth of liquidity from the market, a 1.7% increase\u00a0from last week\u2019s KES 241.13bn. The amount fell below the target of KES 320bn with the operations average\u00a0rate coming in at 10.75%. See below a visual chart;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"348\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.36-1024x348.png\" alt=\"\" class=\"wp-image-11395\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.36-1024x348.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.36-300x102.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.36-768x261.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.36.png 1212w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>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 class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"402\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.48-1024x402.png\" alt=\"\" class=\"wp-image-11396\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.48-1024x402.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.48-300x118.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.48-768x302.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-24-at-10.41.48.png 1212w\" 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-8389d5b5-eb1e-475f-8450-3e0936af77d4\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/SIB-Fixed-Income-Weekly-Report-24-Mar-2025.pdf\">SIB Fixed Income Weekly Report 24 Mar 2025<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/03\/SIB-Fixed-Income-Weekly-Report-24-Mar-2025.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-8389d5b5-eb1e-475f-8450-3e0936af77d4\">Download<\/a><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MONEY MARKET ANALYSIS Interbank lending dipped by more than half, following a week of recovery as traded volumes jumped 60.4% to\u00a0KES 8.66bn from KES 21.85bn, in the previous week. Deal numbers echoed the decline, decreasing by 35.1%.\u00a0On the flip side, the average interbank rate has remained relatively stable, inching up marginally to 10.69% from\u00a010.69% the&#8230;<\/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,"footnotes":""},"categories":[174,1],"tags":[165,80,98,81,82],"class_list":["post-11392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fixed-income-reports","category-weekly-reports","tag-currency-performance","tag-fixed-income-report","tag-kenyan-eurobonds","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 | 24 Mar 2025 - Standard Investment Bank<\/title>\n<meta name=\"description\" content=\"Investors Pivot to the 364-Day Paper Amid Falling Interest Rates. 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