{"id":12127,"date":"2026-03-16T07:28:38","date_gmt":"2026-03-16T07:28:38","guid":{"rendered":"https:\/\/sib.co.ke\/reports\/?p=12127"},"modified":"2026-03-16T08:03:07","modified_gmt":"2026-03-16T08:03:07","slug":"weekly-fixed-income-report-16-mar-2026","status":"publish","type":"post","link":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/","title":{"rendered":"WEEKLY FIXED INCOME REPORT | 16 Mar 2026"},"content":{"rendered":"\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-f82cc86d-b3ad-4ad2-856d-76675cd4bac2\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/SIB-Fixed-Income-Weekly-Report-16_March_2026-2.pdf\">SIB Fixed Income Weekly Report &#8211; 16_March_2026<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/SIB-Fixed-Income-Weekly-Report-16_March_2026-2.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-f82cc86d-b3ad-4ad2-856d-76675cd4bac2\">Download<\/a><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">Money Market Statistics<\/h4>\n\n\n\n<p>Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) easing by 7.3bps w\/w to an average of 8.67%. Interbank lending jumped in the week, with average traded volumes rising by 37.74% w\/w to KES 12.10bn, from KES 8.79bn in the prior week. Notably, the average number of interbank deals came in at 21, up 40.0% w\/w. Find the summary below:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"230\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.03-1024x230.png\" alt=\"\" class=\"wp-image-12128\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.03-1024x230.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.03-300x67.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.03-768x173.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.03.png 1486w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"448\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.15-1024x448.png\" alt=\"\" class=\"wp-image-12129\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.15-1024x448.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.15-300x131.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.15-768x336.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.15.png 1526w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The weighted average interbank rate (KESONIA) continues to track the Central Bank Rate (CBR) closely, underscoring the stability and effectiveness of the monetary policy framework:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"465\" src=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.28-1024x465.png\" alt=\"\" class=\"wp-image-12130\" srcset=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.28-1024x465.png 1024w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.28-300x136.png 300w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.28-768x348.png 768w, https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-16-at-10.15.28.png 1468w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h5 class=\"wp-block-heading\">Read Full Report<\/h5>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-f82cc86d-b3ad-4ad2-856d-76675cd4bac2\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/SIB-Fixed-Income-Weekly-Report-16_March_2026-2.pdf\">SIB Fixed Income Weekly Report &#8211; 16_March_2026<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/03\/SIB-Fixed-Income-Weekly-Report-16_March_2026-2.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-f82cc86d-b3ad-4ad2-856d-76675cd4bac2\">Download<\/a><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Money Market Statistics Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) easing by 7.3bps w\/w to an average of 8.67%. Interbank lending jumped in the week, with average traded volumes rising by 37.74% w\/w to KES 12.10bn, from KES 8.79bn in the prior week. Notably, the average&#8230;<\/p>\n","protected":false},"author":4,"featured_media":12038,"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":[165,257,96,80,274,81,82,214],"class_list":["post-12127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fixed-income-reports","category-weekly-reports","tag-currency-performance","tag-diaspora-remittances","tag-epra","tag-fixed-income-report","tag-kenyan-eurobond","tag-t-bills","tag-t-bonds","tag-tax-revenue"],"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 Mar 2026 - Standard Investment Bank<\/title>\n<meta name=\"description\" content=\"EPRA leaves pump prices unchanged, despite Gulf region uncertainty. Cumulative Tax Revenues to February 2026 rise 5.9%y\/y to KES 1,606.7bn, external financing up 110.5%y\/y on recent Eurobond transaction.\" \/>\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-16-mar-2026\/\" \/>\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 | 16 Mar 2026\" \/>\n<meta property=\"og:description\" content=\"EPRA leaves pump prices unchanged, despite Gulf region uncertainty. Cumulative Tax Revenues to February 2026 rise 5.9%y\/y to KES 1,606.7bn, external financing up 110.5%y\/y on recent Eurobond transaction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Standard Investment Bank\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-16T07:28:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-16T08:03:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/Fixed-Income-cover-2026.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 | 16 Mar 2026\" \/>\n<meta name=\"twitter:description\" content=\"EPRA leaves pump prices unchanged, despite Gulf region uncertainty. Cumulative Tax Revenues to February 2026 rise 5.9%y\/y to KES 1,606.7bn, external financing up 110.5%y\/y on recent Eurobond transaction.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/Fixed-Income-cover-2026.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-16-mar-2026\/\",\"url\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/\",\"name\":\"WEEKLY FIXED INCOME REPORT | 16 Mar 2026 - Standard Investment Bank\",\"isPartOf\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/Fixed-Income-cover-2026.png\",\"datePublished\":\"2026-03-16T07:28:38+00:00\",\"dateModified\":\"2026-03-16T08:03:07+00:00\",\"author\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/013bb4773210ef36e624b46505dae91d\"},\"description\":\"EPRA leaves pump prices unchanged, despite Gulf region uncertainty. Cumulative Tax Revenues to February 2026 rise 5.9%y\/y to KES 1,606.7bn, external financing up 110.5%y\/y on recent Eurobond transaction.\",\"breadcrumb\":{\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/#primaryimage\",\"url\":\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/Fixed-Income-cover-2026.png\",\"contentUrl\":\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/Fixed-Income-cover-2026.png\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sib.co.ke\/reports\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"WEEKLY FIXED INCOME REPORT | 16 Mar 2026\"}]},{\"@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 | 16 Mar 2026 - Standard Investment Bank","description":"EPRA leaves pump prices unchanged, despite Gulf region uncertainty. Cumulative Tax Revenues to February 2026 rise 5.9%y\/y to KES 1,606.7bn, external financing up 110.5%y\/y on recent Eurobond transaction.","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-16-mar-2026\/","og_locale":"en_US","og_type":"article","og_title":"WEEKLY FIXED INCOME REPORT | 16 Mar 2026","og_description":"EPRA leaves pump prices unchanged, despite Gulf region uncertainty. Cumulative Tax Revenues to February 2026 rise 5.9%y\/y to KES 1,606.7bn, external financing up 110.5%y\/y on recent Eurobond transaction.","og_url":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/","og_site_name":"Standard Investment Bank","article_published_time":"2026-03-16T07:28:38+00:00","article_modified_time":"2026-03-16T08:03:07+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/Fixed-Income-cover-2026.png","type":"image\/png"}],"author":"Edward Kalaghe","twitter_card":"summary_large_image","twitter_title":"WEEKLY FIXED INCOME REPORT | 16 Mar 2026","twitter_description":"EPRA leaves pump prices unchanged, despite Gulf region uncertainty. Cumulative Tax Revenues to February 2026 rise 5.9%y\/y to KES 1,606.7bn, external financing up 110.5%y\/y on recent Eurobond transaction.","twitter_image":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/Fixed-Income-cover-2026.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-16-mar-2026\/","url":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/","name":"WEEKLY FIXED INCOME REPORT | 16 Mar 2026 - Standard Investment Bank","isPartOf":{"@id":"https:\/\/sib.co.ke\/reports\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/#primaryimage"},"image":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/Fixed-Income-cover-2026.png","datePublished":"2026-03-16T07:28:38+00:00","dateModified":"2026-03-16T08:03:07+00:00","author":{"@id":"https:\/\/sib.co.ke\/reports\/#\/schema\/person\/013bb4773210ef36e624b46505dae91d"},"description":"EPRA leaves pump prices unchanged, despite Gulf region uncertainty. Cumulative Tax Revenues to February 2026 rise 5.9%y\/y to KES 1,606.7bn, external financing up 110.5%y\/y on recent Eurobond transaction.","breadcrumb":{"@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/#primaryimage","url":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/Fixed-Income-cover-2026.png","contentUrl":"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/Fixed-Income-cover-2026.png","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/sib.co.ke\/reports\/weekly-fixed-income-report-16-mar-2026\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sib.co.ke\/reports\/"},{"@type":"ListItem","position":2,"name":"WEEKLY FIXED INCOME REPORT | 16 Mar 2026"}]},{"@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\/12127","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=12127"}],"version-history":[{"count":3,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/posts\/12127\/revisions"}],"predecessor-version":[{"id":12137,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/posts\/12127\/revisions\/12137"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/media\/12038"}],"wp:attachment":[{"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/media?parent=12127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/categories?post=12127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sib.co.ke\/reports\/wp-json\/wp\/v2\/tags?post=12127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}