{"id":11431,"date":"2025-04-14T06:59:48","date_gmt":"2025-04-14T06:59:48","guid":{"rendered":"https:\/\/sib.co.ke\/reports\/?p=11431"},"modified":"2025-04-14T06:59:49","modified_gmt":"2025-04-14T06:59:49","slug":"weekly-fixed-income-report-14-apr-2025","status":"publish","type":"post","link":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-14-apr-2025\/","title":{"rendered":"WEEKLY FIXED INCOME REPORT | 14 Apr 2025"},"content":{"rendered":"\n
SIB Fixed Income Weekly Report 14 Apr 2025<\/a>Download<\/a><\/div>\n\n\n\n

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

Interbank lending picked up pace during the week, with average traded volumes surging 176.1% to KES17.28bn from KES6.26bn the previous week, mirroring a 135.7% jump in the number of transactions. Meanwhile, the average interbank rate edged down slightly to 10.28% from 10.68%, as the effects of the Central Bank Rate (CBR) cut earlier in the week begin to kick in. The table below summarises the market liquidity indicators:<\/p>\n\n\n\n

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

Meanwhile, the CBK mopped up KES58.23bn in liquidity\u2014marking a further 50.7% drop from the previous\u00a0week\u2019s KES118.19bn. However, toward the tail end of the week, the authorities pivoted to a liquidity injection\u00a0exercise, aiming to steer the interbank rate to within the bounds of the newly adjusted corridor. See below a\u00a0visual chart;<\/p>\n\n\n\n

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

Following the MPC meeting, the interbank rate corridor now stands at 9.25%\u201310.75%, after the width was\u00a0narrowed from \u00b1150bps to \u00b175bps around the CBR. While the floor holds steady, the ceiling has been trimmed\u00a0down from 12.25%, signalling a more focused approach to rate guidance. 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 14 Apr 2025<\/a>Download<\/a><\/div>\n\n\n\n

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

MONEY MARKET ANALYSIS Interbank lending picked up pace during the week, with average traded volumes surging 176.1% to KES17.28bn from KES6.26bn the previous week, mirroring a 135.7% jump in the number of transactions. Meanwhile, the average interbank rate edged down slightly to 10.28% from 10.68%, as the effects of the Central Bank Rate (CBR) cut…<\/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":[165,80,98,79,81,82],"class_list":["post-11431","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-market-news","tag-t-bills","tag-t-bonds"],"yoast_head":"\nWEEKLY FIXED INCOME REPORT | 14 Apr 2025 - Standard Investment Bank<\/title>\n<meta name=\"description\" content=\"Current Account Deficit Projection for 2025 Narrows by 100bps following KNBS update on Balance of Payment Data. MPC Cuts Base Rate to 10.0% and Narrows Interest Rate Corridor in Latest Meeting.\" \/>\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-14-apr-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 | 14 Apr 2025\" \/>\n<meta property=\"og:description\" content=\"Current Account Deficit Projection for 2025 Narrows by 100bps following KNBS update on Balance of Payment Data. 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