{"id":11474,"date":"2025-05-05T08:41:13","date_gmt":"2025-05-05T08:41:13","guid":{"rendered":"https:\/\/sib.co.ke\/reports\/?p=11474"},"modified":"2025-05-05T08:41:20","modified_gmt":"2025-05-05T08:41:20","slug":"weekly-fixed-income-report-05-may-2025","status":"publish","type":"post","link":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-05-may-2025\/","title":{"rendered":"WEEKLY FIXED INCOME REPORT | 05 May 2025"},"content":{"rendered":"\n
SIB Fixed Income Weekly Report 5 May 2025<\/a>Download<\/a><\/div>\n\n\n\n

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

Interbank lending waned during the week, with average traded volumes dropping by 28.6% to KES 16.65bn from KES 23.31bn the previous week. This was accompanied by an 11.8% fall in the number of transactions. Meanwhile, the average interbank rate rose marginally to 9.94%, from 9.91%, further reflecting lower liquidity compared to the previous week. The table below summarizes the market liquidity indicators:<\/p>\n\n\n\n

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

In April, interbank volumes increased by 9.1% month-on-month (m\/m), while the average interbank lending rate declined by 25 basis points. This was largely attributed to the reduction in the Central Bank Rate (CBR) and the narrowing of the interbank rate corridor from \u00b1150 basis points to \u00b175 basis points relative to the policy rate. See the chart below:<\/p>\n\n\n\n

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

Interbank rates remain firmly anchored to the Central Bank Rate, with the highs slightly above the policy rate and the lows closer to the rate but squarely within the corridor. 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 5 May 2025<\/a>Download<\/a><\/div>\n\n\n\n

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

MONEY MARKET ANALYSIS Interbank lending waned during the week, with average traded volumes dropping by 28.6% to KES 16.65bn from KES 23.31bn the previous week. This was accompanied by an 11.8% fall in the number of transactions. Meanwhile, the average interbank rate rose marginally to 9.94%, from 9.91%, further reflecting lower liquidity compared to the…<\/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-11474","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 | 05 May 2025 - Standard Investment Bank<\/title>\n<meta name=\"description\" content=\"Secondary Bond Turnover Surges 154.4% y\/y in April 2025. 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