Interbank trading in Kenya increased significantly to an average of KSh18.8 billion in the week ending August 13, 2026, from KSh13.4 billion recorded the previous week, even as the money market remained liquid.
The Central Bank of Kenya (CBK), in its weekly update shared on Friday, August 14, said the average number of interbank transactions also increased during the period.
According to the regulator, the average number of transactions rose to 25 from 21 recorded in the previous week.
“During the week, the average number of interbank transactions increased to 25 from 21 in the previous week, while the average value traded increased to KSh18.8 billion from KSh13.4 billion in the previous week,” CBK said.
The increase represents a significant rise in the value of funds traded between banks as financial institutions continued to manage their short-term liquidity needs.
KESONIA Holds Steady at 8.75 Per Cent
Despite the increase in interbank activity, the Kenya Shilling Overnight Interbank Average Rate (KESONIA) remained unchanged.
CBK reported that KESONIA stood at 8.75 per cent on August 13, the same level recorded on August 6.
KESONIA is an important indicator of overnight borrowing costs in Kenya’s interbank market and is closely monitored by financial institutions and other participants in the money market.
The stability in the overnight rate, alongside increased interbank trading, points to continued activity among banks in managing liquidity while overall conditions in the money market remain relatively comfortable.
The latest CBK data provides an insight into the state of Kenya’s financial markets as banks continue to navigate liquidity conditions and changing borrowing cost
