2023-08-22 | 176933992

Banking Circular No. 5 of 2023 - Changes to the CBK Discount (Overnight) Window Facility

The Central Bank of Kenya has issued a circular announcing changes to the CBK Discount (Overnight) Window Facility, including a reduction in the interest rate and adjustments to the securities required as collateral. These changes aim to enhance monetary policy transmission and are effective immediately. This circular supersedes all previous communications on the matter.

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monetary
payments