Monetary Policy Committee (MPC)

Cost of loans to remain at 14% p.a after review by Monetary Policy Committee (MPC)

Yesterday, Monday 27th March, 2017 the Monetary Policy Committee (MPC) met to review the outcome of its previous policy decisions and recent economic developments. The MPC therefore decided to retain the Central Bank Rate (CBR) at 10.0 percent in order to anchor inflation expectations. Hope you remember that the Banking (Amendment) Act 2016 sets the

Money Markets

Performance of Kenya’s money markets and economy for the week ending 25th March, 2017

T-bill were oversubscribed for the 8th week running, with overall subscription coming in at 145.6 percent, compared to 135 percent recorded the previous week. This is despite the withdrawal of the 182-day paper from the auction market for the 3rd week in a row, a move aimed at the management of maturities by spreading the