2011-08-26 | 1692851334

Banking Circular No 9 of 2011 - Guidelines on the Management of Liquidity through the CBK Discount Window and Cash Reserve Ratio

The Central Bank of Kenya is issuing revised guidelines to commercial banks on managing liquidity through the CBK Discount Window and Cash Reserve Ratio. The changes include a variable weight for the interbank-CBR differential and a longer computation period for the interbank rate, as well as a monthly average basis for maintaining the CRR with a penalty for non-compliance. These revisions take effect on August 29, 2011.

Kenya

Central Bank of Kenya

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