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Policy geopoliticsKenyaDeveloping story

Central Bank of Kenya retains Central Bank Rate at 8.75% on Oct 7, 2026

On October 7, 2026 the Central Bank of Kenya’s Monetary Policy Committee retained the Central Bank Rate (CBR) at 8.75 percent. The decision comes as headline inflation rose to 6.8% in September 2026, and the CBK highlighted a stable shilling and active money-market operations in its bulletin.

MSA Market DeskEvent 7 October 2026Reviewed 2 min read

The desk brief

On October 7, 2026 the Central Bank of Kenya’s Monetary Policy Committee retained the Central Bank Rate (CBR) at 8.75 percent. The decision comes as headline inflation rose to 6.8% in September 2026, and the CBK highlighted a stable shilling and active money-market operations in its bulletin.

A hold at 8.75% preserves current short-term policy signalling and is likely to influence pricing in the short and belly segments of Kenya’s domestic yield curve by keeping the policy-rate anchor unchanged. It also conditions shilling direction: unchanged policy reduces immediate carry-pressure shifts, but guidance and inflation dynamics could affect real returns and foreign investor appetite for KES assets, indirectly impacting exchange-rate pressure.

Watch the CBK’s accompanying MPC statement for forward guidance and the next monthly CPI release for new inflation trajectory data.

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Developing story

Further independent confirmation is required.

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Price Discovery

Kenya sovereign curve

Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.

11 priced bonds
10.89%9.66%8.44%7.22%6.00%20272032203720422048Kenya 27 · May 2027 · 6.647%Kenya 28 · Feb 2028 · 7.189%Kenya 31 · Feb 2031 · 8.149%Kenya 32 · May 2032 · 8.952%Kenya 33 · Oct 2033 · 9.153%Kenya 34 Jan · Jan 2034 · 9.338%Kenya 34 Feb · Feb 2034 · 9.792%Kenya 36 · Mar 2036 · 9.944%Kenya 38 · Oct 2038 · 10.204%Kenya 39 · Feb 2039 · 10.239%Kenya 48 · Feb 2048 · 9.964%
Move across the curve to inspect a bondAs of
BondMid pxYield
  • Kenya 27May 2027100.1886.647%
  • Kenya 28Feb 2028100.0637.189%
  • Kenya 31Feb 2031104.5008.149%
  • Kenya 32May 203296.5008.952%
  • Kenya 33Oct 203394.2509.153%
  • Kenya 34 JanJan 203484.2509.338%
  • Kenya 34 FebFeb 203491.1259.792%
  • Kenya 36Mar 203697.5009.944%
  • Kenya 38Oct 203890.87510.204%
  • Kenya 39Feb 203989.81310.239%
  • Kenya 48Feb 204884.9389.964%

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