{"id":11554,"date":"2025-06-09T06:37:40","date_gmt":"2025-06-09T06:37:40","guid":{"rendered":"https:\/\/sib.co.ke\/reports\/?p=11554"},"modified":"2025-06-09T06:37:41","modified_gmt":"2025-06-09T06:37:41","slug":"weekly-fixed-income-report-09-june-2025","status":"publish","type":"post","link":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-09-june-2025\/","title":{"rendered":"WEEKLY FIXED INCOME REPORT | 09 June 2025"},"content":{"rendered":"\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-7c4d2fe3-8b54-4b79-a4ac-2f899da2630d\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/SIB-Fixed-Income-Weekly-Report-9-Jun-2025.pdf\">SIB Fixed Income Weekly Report 9 Jun 2025<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/SIB-Fixed-Income-Weekly-Report-9-Jun-2025.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-7c4d2fe3-8b54-4b79-a4ac-2f899da2630d\">Download<\/a><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">MONEY MARKET ANALYSIS<\/h4>\n\n\n\n<p>Interbank lending improved with the average traded volumes rising 22.2% to KES 7.90bn, up from KES 6.47bn, despite a 7.1% drop in transaction count over the week. Meanwhile, the average interbank rate remained stable, at 9.81%, reflecting the continued calibration of liquidity through sustained open market operations by the Central Bank. 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=\"158\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.35-1024x158.png\" alt=\"\" class=\"wp-image-11556\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.35-1024x158.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.35-300x46.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.35-768x118.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.35-1536x236.png 1536w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.35.png 1768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The interbank market appears relatively stable and slow compared to recent historical levels. As interest rates gradually fall, market players are increasingly holding back in anticipation of more attractive opportunities. See the chart below:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"358\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.47-1024x358.png\" alt=\"\" class=\"wp-image-11557\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.47-1024x358.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.47-300x105.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.47-768x268.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.47-1536x536.png 1536w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.47.png 1718w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>There was a notable downward push in interbank rates, with the lows slipping below the soft end of the prevailing range towards the end of the week. This could be in anticipation of a rate cut in June\u2019s MPC meeting. See the chart below;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"387\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.59-1024x387.png\" alt=\"\" class=\"wp-image-11558\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.59-1024x387.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.59-300x113.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.59-768x290.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.59-1536x581.png 1536w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-09-at-09.23.59.png 1672w\" 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-7c4d2fe3-8b54-4b79-a4ac-2f899da2630d\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/SIB-Fixed-Income-Weekly-Report-9-Jun-2025.pdf\">SIB Fixed Income Weekly Report 9 Jun 2025<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/SIB-Fixed-Income-Weekly-Report-9-Jun-2025.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-7c4d2fe3-8b54-4b79-a4ac-2f899da2630d\">Download<\/a><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MONEY MARKET ANALYSIS Interbank lending improved with the average traded volumes rising 22.2% to KES 7.90bn, up from KES 6.47bn, despite a 7.1% drop in transaction count over the week. Meanwhile, the average interbank rate remained stable, at 9.81%, reflecting the continued calibration of liquidity through sustained open market operations by the Central Bank. 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":[165,80,98,163,81,82],"class_list":["post-11554","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-stanbic-bank-pmi","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 | 09 June 2025 - Standard Investment Bank<\/title>\n<meta name=\"description\" content=\"Secondary Bond Market Turnover drops 63.4%. Private Sector Business Conditions Halt a Seven-Month Improvement Streak, on Price Pressures\" \/>\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-09-june-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 | 09 June 2025\" \/>\n<meta property=\"og:description\" content=\"Secondary Bond Market Turnover drops 63.4%. Private Sector Business Conditions Halt a Seven-Month Improvement Streak, on Price Pressures\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-09-june-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Standard Investment Bank\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-09T06:37:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-09T06:37:41+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 | 09 June 2025\" \/>\n<meta name=\"twitter:description\" content=\"Secondary Bond Market Turnover drops 63.4%. 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