2015-07-24 | 727860066

Banking Circular No 8 of 2015 - Review of CBR and Introduction of a 3-day Repo

The Central Bank of Kenya has raised the CBR to 11.50% and introduced a 3-day Repo available Monday to Thursday. The new rates for Repo bids, Reverse Repo bids, Term Auction Deposits, and Overnight Window borrowing are now 11.50%, 11.50%, 14.00%, and 17.50% respectively. These changes are effective immediately.

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monetary