{"id":11736,"date":"2025-08-18T08:01:42","date_gmt":"2025-08-18T08:01:42","guid":{"rendered":"https:\/\/sib.co.ke\/reports\/?p=11736"},"modified":"2025-08-18T08:01:43","modified_gmt":"2025-08-18T08:01:43","slug":"weekly-fixed-income-report-18-aug-2025","status":"publish","type":"post","link":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/","title":{"rendered":"WEEKLY FIXED INCOME REPORT | 18 Aug 2025"},"content":{"rendered":"\n
SIB Fixed Income Weekly Report 18 Aug 2025<\/a>Download<\/a><\/div>\n\n\n\n

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

Interbank lending volumes rose to KES 9.79bn from KES 7.68bn over the week, supported by higher transaction activity. In contrast, the average interbank rate eased to 9.53% from 9.61%, mirroring the impact of recent monetary policy actions. The table below summarizes market liquidity indicators:<\/p>\n\n\n\n

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

Overall, activity in the interbank market remains subdued, with greater focus shifting towards Open Market Operations (OMO). The chart below illustrates the trends in volumes and rates:<\/p>\n\n\n\n

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

This week, the interbank corridor narrowed further after the reduction of the Central Bank Rate (CBR), now standing at 8.75%\u201310.25%. However, interbank rates continue to hover closely around the CBR, as illustrated below;<\/p>\n\n\n\n

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

Read Full Report<\/h4>\n\n\n\n
SIB Fixed Income Weekly Report 18 Aug 2025<\/a>Download<\/a><\/div>\n\n\n\n

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

MONEY MARKET STATISTICS Interbank lending volumes rose to KES 9.79bn from KES 7.68bn over the week, supported by higher transaction activity. In contrast, the average interbank rate eased to 9.53% from 9.61%, mirroring the impact of recent monetary policy actions. The table below summarizes market liquidity indicators: Overall, activity in the interbank market remains subdued,…<\/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":[165,96,98,81,82],"class_list":["post-11736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fixed-income-reports","category-weekly-reports","tag-currency-performance","tag-epra","tag-kenyan-eurobonds","tag-t-bills","tag-t-bonds"],"yoast_head":"\nWEEKLY FIXED INCOME REPORT | 18 Aug 2025 - Standard Investment Bank<\/title>\n<meta name=\"description\" content=\"MPC Cuts Base Rate by 25bps to 9.50%; Cites Commitment to Spur Credit Growth. July Tax Revenues Fire Up 7.5% y\/y to Kick Off FY25\/26\" \/>\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-18-aug-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 | 18 Aug 2025\" \/>\n<meta property=\"og:description\" content=\"MPC Cuts Base Rate by 25bps to 9.50%; Cites Commitment to Spur Credit Growth. July Tax Revenues Fire Up 7.5% y\/y to Kick Off FY25\/26\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Standard Investment Bank\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-18T08:01:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-18T08:01:43+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 | 18 Aug 2025\" \/>\n<meta name=\"twitter:description\" content=\"MPC Cuts Base Rate by 25bps to 9.50%; Cites Commitment to Spur Credit Growth. July Tax Revenues Fire Up 7.5% y\/y to Kick Off FY25\/26\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Weekly-FI-Report-Cover.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-18-aug-2025\/\",\"url\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/\",\"name\":\"WEEKLY FIXED INCOME REPORT | 18 Aug 2025 - Standard Investment Bank\",\"isPartOf\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Cover-Blank-FI.png\",\"datePublished\":\"2025-08-18T08:01:42+00:00\",\"dateModified\":\"2025-08-18T08:01:43+00:00\",\"author\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/013bb4773210ef36e624b46505dae91d\"},\"description\":\"MPC Cuts Base Rate by 25bps to 9.50%; Cites Commitment to Spur Credit Growth. July Tax Revenues Fire Up 7.5% y\/y to Kick Off FY25\/26\",\"breadcrumb\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-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-18-aug-2025\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sib.co.ke\/reports\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"WEEKLY FIXED INCOME REPORT | 18 Aug 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 | 18 Aug 2025 - Standard Investment Bank","description":"MPC Cuts Base Rate by 25bps to 9.50%; Cites Commitment to Spur Credit Growth. July Tax Revenues Fire Up 7.5% y\/y to Kick Off FY25\/26","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-18-aug-2025\/","og_locale":"en_US","og_type":"article","og_title":"WEEKLY FIXED INCOME REPORT | 18 Aug 2025","og_description":"MPC Cuts Base Rate by 25bps to 9.50%; Cites Commitment to Spur Credit Growth. July Tax Revenues Fire Up 7.5% y\/y to Kick Off FY25\/26","og_url":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/","og_site_name":"Standard Investment Bank","article_published_time":"2025-08-18T08:01:42+00:00","article_modified_time":"2025-08-18T08:01:43+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 | 18 Aug 2025","twitter_description":"MPC Cuts Base Rate by 25bps to 9.50%; Cites Commitment to Spur Credit Growth. July Tax Revenues Fire Up 7.5% y\/y to Kick Off FY25\/26","twitter_image":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Weekly-FI-Report-Cover.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-18-aug-2025\/","url":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/","name":"WEEKLY FIXED INCOME REPORT | 18 Aug 2025 - Standard Investment Bank","isPartOf":{"@id":"https:\/\/sib.co.ke\/reports\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/#primaryimage"},"image":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2024\/12\/Cover-Blank-FI.png","datePublished":"2025-08-18T08:01:42+00:00","dateModified":"2025-08-18T08:01:43+00:00","author":{"@id":"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/013bb4773210ef36e624b46505dae91d"},"description":"MPC Cuts Base Rate by 25bps to 9.50%; Cites Commitment to Spur Credit Growth. July Tax Revenues Fire Up 7.5% y\/y to Kick Off FY25\/26","breadcrumb":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-2025\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-18-aug-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-18-aug-2025\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sib.co.ke\/reports\/"},{"@type":"ListItem","position":2,"name":"WEEKLY FIXED INCOME REPORT | 18 Aug 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\/11736","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=11736"}],"version-history":[{"count":1,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/posts\/11736\/revisions"}],"predecessor-version":[{"id":11742,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/posts\/11736\/revisions\/11742"}],"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=11736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/categories?post=11736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/tags?post=11736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}