CBK Central Bank Rates

This dataset provides a historical record of monetary policy instruments and market interest rates in Kenya.
The data covers a period of 26 years, offering insights into long-term trends in the Kenyan financial market.
Treasury Bill rates show significant variability, with the 91-day T-bill having a wide range from 0.83% to 84.67%.
The Central Bank Rate and Cash Reserve Requirement columns have a high percentage of missing values, making comprehensive analysis of these specific metrics challenging.
The tbill_364_day column has a relatively low mean (2.79%) compared to other T-bill rates, which might indicate a data entry anomaly or a specific policy period.
What has been the historical relationship between the REPO rate and the Interbank rate?
How have Treasury Bill rates of different maturities evolved over time in response to monetary policy changes?
What is the long-term trend of the Cash Reserve Requirement and its potential impact on liquidity?

Column	Type	Nulls	Unique	Stats / Top values
year	number	—	26	1991 – 2016
month	string	—	12	July (26)June (25)May (25)April (25)March (25)
repo	number	25%	177	mean 7.7927 · min 0 · max 24.5 · median 7.695
reverse_repo	number	—	40	mean 0.8927 · min 0 · max 18.12 · median 0
interbank_rate	number	38%	178	mean 7.291 · min 0.43 · max 28.9 · median 7.12
tbill_91_day	number	—	271	mean 13.7645 · min 0.83 · max 84.67 · median 9.8
tbill_182_day	number	—	222	mean 9.6555 · min 0 · max 33.98 · median 8.84
tbill_364_day	number	1%	70	mean 2.7938 · min 0 · max 21.96 · median 0
cash_reserve_requirement	number	37%	8	mean 6.0342 · min 0 · max 10 · median 5.625
central_bank_rate	number	58%	22	mean 9.238 · min 0 · max 18 · median 8.5

Insights