Regulatory Alerts2016-10-25 | 1961266065Added · Updated
Banking Circular No 4 of 2009 - Revision of CBR and Tenors for repo:reverse repo, late repo and term auction deposit facility
The Central Bank of Kenya has revised the Central Bank rate from 8.25% to 8.0%, effective immediately. They have also reviewed the tenors of their liquidity management instruments, with the tenors for Repurchase/Reverse Repurchase Agreements, late Repo, and Term Auction facility being revised to a single tenor of 5 days, effective from May 25, 2009. This change in tenor aims to streamline the bank's liquidity management processes.
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