The meetings are part of a wider strategy to enhance the transmission of monetary policy decisions to the real sector through feedback, sensitization of the market on the activities of the MPC, as well as engaging banks on the need to lower the cost of credit in order to support economic growth. 5.
On the market front, the Central Bank of Kenya, the Capital Markets Authority and the Nairobi Stock Exchange undertook significant reforms in the domestic bond market. These reforms included introduction of an Automated Trading System aimed at enhancing the safety and efficiency in the processing of secondary trading of government securities as well as corporate bonds in the market.