Ethiopian Interbank Rates Rise as Weekly Trading Tops 10.1 Billion Birr
Michael TomasEthiopia's interbank money market saw a total of 10.105 billion Ethiopian Birr (ETB) traded during the week ending September 5, 2025, with weighted average interest rates increasing across the board, according to statistics released by the Ethiopian Securities Exchange.
The 7-day maturity segment was the most active, with 7.605 billion ETB traded across 22 deals. The weighted average interest rate for this term saw a significant jump of 48 basis points from the previous week, settling at 13.55%. In the overnight market, 2.5 billion ETB was exchanged in 6 trades, as its weighted average rate ticked up by 6 basis points to 12.30%. The total volume traded since the market's inception on October 31, 2024, now stands at over 955.14 billion ETB.