{"id":11568,"date":"2025-06-16T10:19:17","date_gmt":"2025-06-16T10:19:17","guid":{"rendered":"https:\/\/sib.co.ke\/reports\/?p=11568"},"modified":"2025-06-16T10:21:15","modified_gmt":"2025-06-16T10:21:15","slug":"weekly-fixed-income-report-16-june-2025","status":"publish","type":"post","link":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-june-2025\/","title":{"rendered":"WEEKLY FIXED INCOME REPORT | 16 June 2025"},"content":{"rendered":"\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-cb50b183-e94f-4654-bc12-c820921f0fea\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/SIB-Fixed-Income-Weekly-Report-16-Jun-2025.pdf\">SIB Fixed Income Weekly Report 16 Jun 2025<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/SIB-Fixed-Income-Weekly-Report-16-Jun-2025.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-cb50b183-e94f-4654-bc12-c820921f0fea\">Download<\/a><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">MONEY MARKET ANALYSIS<\/h4>\n\n\n\n<p>Interbank lending recorded a strong improvement with the average traded volumes more than doubling to KES 17.48bn, up from KES 7.90bn, in tandem with a 121.2% jump in transaction count over the week. Meanwhile, the average interbank rate declined by 10.58bps to 9.70%, from 9.81%, reflecting market adjustments following the recent policy rate cut 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=\"160\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.08.47-1024x160.png\" alt=\"\" class=\"wp-image-11570\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.08.47-1024x160.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.08.47-300x47.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.08.47-768x120.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.08.47.png 1520w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>On a month-on-month basis, average monthly traded volumes appear to have picked up momentum in June, indicating a potential rejuvenation in market activity. See the chart below:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"371\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.08.56-1024x371.png\" alt=\"\" class=\"wp-image-11571\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.08.56-1024x371.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.08.56-300x109.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.08.56-768x279.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.08.56.png 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>As the interest rates corridor drops further downwards, interbank rates continue to decline \u2013 as it should &#8211; given\u00a0the ties with the benchmark rate. See the chart below;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"416\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.09.05-1024x416.png\" alt=\"\" class=\"wp-image-11572\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.09.05-1024x416.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.09.05-300x122.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.09.05-768x312.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-16-at-13.09.05.png 1496w\" 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-cb50b183-e94f-4654-bc12-c820921f0fea\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/SIB-Fixed-Income-Weekly-Report-16-Jun-2025.pdf\">SIB Fixed Income Weekly Report 16 Jun 2025<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2025\/06\/SIB-Fixed-Income-Weekly-Report-16-Jun-2025.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-cb50b183-e94f-4654-bc12-c820921f0fea\">Download<\/a><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MONEY MARKET ANALYSIS Interbank lending recorded a strong improvement with the average traded volumes more than doubling to KES 17.48bn, up from KES 7.90bn, in tandem with a 121.2% jump in transaction count over the week. Meanwhile, the average interbank rate declined by 10.58bps to 9.70%, from 9.81%, reflecting market adjustments following the recent policy&#8230;<\/p>\n","protected":false},"author":4,"featured_media":11153,"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":[1],"tags":[165,96,80,98,212,81,82],"class_list":["post-11568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weekly-reports","tag-currency-performance","tag-epra","tag-fixed-income-report","tag-kenyan-eurobonds","tag-mpc","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 | 16 June 2025 - Standard Investment Bank<\/title>\n<meta name=\"description\" content=\"Kenya\u2019s FX Reserves Peak Ahead of July Debt Servicing Obligations. 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