2012-07-09

Banking Circular No 3 of 2012 - Multiple Tenures on Term Auction Deposit (TAD) Facility

The Central Bank of Kenya has announced a reduction in the Central Bank Rate (CBR) by 150 basis points from 18.00% to 16.50%, following the Monetary Policy Committee's meeting on 5th July, 2012. This change is immediate and applicable for all commercial banks under their jurisdiction.

Kenya

Central Bank of Kenya

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