2023-08-29 | 1891759358

Banking Circular No 6 of 2023 - Changes to Haircuts Applicable to Government Securities used as Collateral for Vertical Repos, CBK Discount (Overnight) Window and Intra-Day Liquidity Facility

The Central Bank of Kenya announces revised haircuts for government securities used as collateral for various financial operations, including Vertical Repos, the CBK Discount Window, and the Intra-day Liquidity Facility. These changes are effective immediately and aim to refine operations involving government securities following the launch of the DhowCSD. The haircuts for Treasury Bonds with maturities between 1 and 10 years have been reduced to 5%, while haircuts for Treasury Bonds with maturities over 10 years have been adjusted to 10%.

Kenya

Central Bank of Kenya

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