{"id":11674,"date":"2025-07-21T14:02:19","date_gmt":"2025-07-21T14:02:19","guid":{"rendered":"https:\/\/sib.co.ke\/reports\/?p=11674"},"modified":"2025-07-21T14:02:21","modified_gmt":"2025-07-21T14:02:21","slug":"weekly-fixed-income-report-21-july-2025","status":"publish","type":"post","link":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/","title":{"rendered":"WEEKLY FIXED INCOME REPORT | 21 July 2025"},"content":{"rendered":"\n
SIB Fixed Income Weekly Report 21 Jul 2025<\/a>Download<\/a><\/div>\n\n\n\n

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

Interbank lending volumes eased to KES 10.75bn from KES 11.93bn, despite an increase in transaction activity over the week. Meanwhile, the average interbank rate held steady, edging up slightly to 9.64%, amid continued liquidity absorption in the market by the Central Bank. The table below summarizes the market liquidity indicators:<\/p>\n\n\n\n

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

On a month-on-month basis, average traded volumes remain below what was recorded in the previous month as shown below:<\/p>\n\n\n\n

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

Interbank rates remain well anchored 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 21 Jul 2025<\/a>Download<\/a><\/div>\n\n\n\n

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

MONEY MARKET STATISTICS Interbank lending volumes eased to KES 10.75bn from KES 11.93bn, despite an increase in transaction activity over the week. Meanwhile, the average interbank rate held steady, edging up slightly to 9.64%, amid continued liquidity absorption in the market by the Central Bank. The table below summarizes the market liquidity indicators: On a…<\/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":[174,1],"tags":[165,96,80,98,81,82,214],"class_list":["post-11674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fixed-income-reports","category-weekly-reports","tag-currency-performance","tag-epra","tag-fixed-income-report","tag-kenyan-eurobonds","tag-t-bills","tag-t-bonds","tag-tax-revenue"],"yoast_head":"\nWEEKLY FIXED INCOME REPORT | 21 July 2025 - Standard Investment Bank<\/title>\n<meta name=\"description\" content=\"July\/August Fuel Prices Surge as Government Withholds Subsidy and Raises OMC Margins. Exchequer Revenues Jump 6.1%y\/y to KES 2.43tn, Closing at 97.3% of Target\" \/>\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-21-july-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 | 21 July 2025\" \/>\n<meta property=\"og:description\" content=\"July\/August Fuel Prices Surge as Government Withholds Subsidy and Raises OMC Margins. Exchequer Revenues Jump 6.1%y\/y to KES 2.43tn, Closing at 97.3% of Target\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Standard Investment Bank\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-21T14:02:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-21T14:02:21+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 | 21 July 2025\" \/>\n<meta name=\"twitter:description\" content=\"July\/August Fuel Prices Surge as Government Withholds Subsidy and Raises OMC Margins. Exchequer Revenues Jump 6.1%y\/y to KES 2.43tn, Closing at 97.3% of Target\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Cover-Blank-FI.png\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Edward Kalaghe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/\",\"url\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/\",\"name\":\"WEEKLY FIXED INCOME REPORT | 21 July 2025 - Standard Investment Bank\",\"isPartOf\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Cover-Blank-FI.png\",\"datePublished\":\"2025-07-21T14:02:19+00:00\",\"dateModified\":\"2025-07-21T14:02:21+00:00\",\"author\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/013bb4773210ef36e624b46505dae91d\"},\"description\":\"July\/August Fuel Prices Surge as Government Withholds Subsidy and Raises OMC Margins. Exchequer Revenues Jump 6.1%y\/y to KES 2.43tn, Closing at 97.3% of Target\",\"breadcrumb\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/#primaryimage\",\"url\":\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Cover-Blank-FI.png\",\"contentUrl\":\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Cover-Blank-FI.png\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sib.co.ke\/reports\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"WEEKLY FIXED INCOME REPORT | 21 July 2025\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sib.co.ke\/reports\/#website\",\"url\":\"https:\/\/sib.co.ke\/reports\/\",\"name\":\"Standard Investment Bank\",\"description\":\"Investment Solutions to Meet Your Needs\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sib.co.ke\/reports\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/013bb4773210ef36e624b46505dae91d\",\"name\":\"Edward Kalaghe\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bae8612b3094dae1bc95b48bd0348a52?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bae8612b3094dae1bc95b48bd0348a52?s=96&d=mm&r=g\",\"caption\":\"Edward Kalaghe\"},\"url\":\"https:\/\/sib.co.ke\/reports\/author\/edward\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"WEEKLY FIXED INCOME REPORT | 21 July 2025 - Standard Investment Bank","description":"July\/August Fuel Prices Surge as Government Withholds Subsidy and Raises OMC Margins. Exchequer Revenues Jump 6.1%y\/y to KES 2.43tn, Closing at 97.3% of Target","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/","og_locale":"en_US","og_type":"article","og_title":"WEEKLY FIXED INCOME REPORT | 21 July 2025","og_description":"July\/August Fuel Prices Surge as Government Withholds Subsidy and Raises OMC Margins. Exchequer Revenues Jump 6.1%y\/y to KES 2.43tn, Closing at 97.3% of Target","og_url":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/","og_site_name":"Standard Investment Bank","article_published_time":"2025-07-21T14:02:19+00:00","article_modified_time":"2025-07-21T14:02:21+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Weekly-FI-Report-Cover.png","type":"image\/png"}],"author":"Edward Kalaghe","twitter_card":"summary_large_image","twitter_title":"WEEKLY FIXED INCOME REPORT | 21 July 2025","twitter_description":"July\/August Fuel Prices Surge as Government Withholds Subsidy and Raises OMC Margins. Exchequer Revenues Jump 6.1%y\/y to KES 2.43tn, Closing at 97.3% of Target","twitter_image":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Cover-Blank-FI.png","twitter_misc":{"Written by":"Edward Kalaghe","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/","url":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/","name":"WEEKLY FIXED INCOME REPORT | 21 July 2025 - Standard Investment Bank","isPartOf":{"@id":"https:\/\/sib.co.ke\/reports\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/#primaryimage"},"image":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Cover-Blank-FI.png","datePublished":"2025-07-21T14:02:19+00:00","dateModified":"2025-07-21T14:02:21+00:00","author":{"@id":"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/013bb4773210ef36e624b46505dae91d"},"description":"July\/August Fuel Prices Surge as Government Withholds Subsidy and Raises OMC Margins. Exchequer Revenues Jump 6.1%y\/y to KES 2.43tn, Closing at 97.3% of Target","breadcrumb":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/#primaryimage","url":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Cover-Blank-FI.png","contentUrl":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Cover-Blank-FI.png","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-21-july-2025\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sib.co.ke\/reports\/"},{"@type":"ListItem","position":2,"name":"WEEKLY FIXED INCOME REPORT | 21 July 2025"}]},{"@type":"WebSite","@id":"https:\/\/sib.co.ke\/reports\/#website","url":"https:\/\/sib.co.ke\/reports\/","name":"Standard Investment Bank","description":"Investment Solutions to Meet Your Needs","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sib.co.ke\/reports\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/013bb4773210ef36e624b46505dae91d","name":"Edward Kalaghe","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bae8612b3094dae1bc95b48bd0348a52?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bae8612b3094dae1bc95b48bd0348a52?s=96&d=mm&r=g","caption":"Edward Kalaghe"},"url":"https:\/\/sib.co.ke\/reports\/author\/edward\/"}]}},"_links":{"self":[{"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/posts\/11674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/comments?post=11674"}],"version-history":[{"count":1,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/posts\/11674\/revisions"}],"predecessor-version":[{"id":11679,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/posts\/11674\/revisions\/11679"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/media\/11153"}],"wp:attachment":[{"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/media?parent=11674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/categories?post=11674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/tags?post=11674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}