Sunday, August 30, 2026

Overnight Money Market Trading Surges to Historic Highs

By our staff reporter


The interbank money market has witnessed extraordinary trading activity in this week’s trading session, according to figures released this evening.


Overnight interbank money trading has shown significant growth in recent weeks, culminating in a record-breaking performance during the weekly reporting period of February 23 to 27, 2026.


The Ethiopian Securities Exchange weekly report indicates that a total of 125 interbank money market transactions were executed during the week. The total value of these transactions also reached a historic high, with banks trading 87.4 billion birr on the overnight maturity platform.


Typically, seven-day maturity transactions account for a larger volume than overnight deals; however, recent weeks have seen a shift in this trend.


In the first week of February, overnight money trading involved 72 transactions totaling 45 billion birr between banks.


The previous record for overnight trading was 53 billion birr, recorded in the last week of January with 94 transactions.


It is worth recalling that the interbank money market was launched in October 2024 as part of the modern monetary policy framework.


On September 26, 2025, the market reached a breakthrough transaction volume of one trillion birr.
As of Friday, February 27, 2026, the swelling volume stands at 1.96 trillion birr and is expected to double in the coming week.


The remarkable growth is attributed to growing confidence and increasing experience among market participants.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

The Beaumont Code and ethical leadership in business

In business, success is often measured in figures: profits,...

Mahmoud Ahmed Announces 26th and Final Album, LeTarik

Legendary Ethiopian singer Mahmoud Ahmed has announced the release...

Dolly Parton, country music icon and global philanthropist, dies at 80

Dolly Parton, the American country music singer, songwriter, actor,...

Ethiopian evidence rarely cited in AI answers on humanitarian crises 

Study finds country-local sources accounted for only 4.9 percent...

World Bank urges Africa to shift from trade links to regional production hubs

Africa’s next major economic-integration gains will come not simply...

Eyob Amare

 2. Education: (የት/ት ደረጃ)    BA in Marketing Management 3. Company name:...
spot_img

Related Articles

Popular Categories

spot_imgspot_img