Thursday, April 16, 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.

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