*  *  *  I am honoured and privileged for the opportunity to share the Central Bank’s thoughts on the Kenyan money market specifically and other key developments in the financial sector generally.
It is important to underscore at the onset, the mandate of the CBK which is principally to foster, price, monetary and financial stability, supervision of efficient and effective payment, clearing and settlement systems. Currently the ambit of the Central Bank supervision extends to commercial banks, mortgage finance companies and non bank financial institutions licensed under the Banking Act.