91-day T-bill8.750%â–˛ 0.002
182-day T-bill8.851%â–Ľ 0.008
364-day T-bill9.029%â–˛ 0.002
Central Bank Rate8.75%07/10/2026
Inflation7.3%October 2026
Top MMF yield10.34%Jubilee
Sources: CBK auction, 2 Nov 2026 value date (change vs 26 Oct); CBK key rates; fund managers' published yields, as at 31st December 2025 to 31st March 2026.

Next MPC meeting: 9 December as CBR holds at 8.75%

Next MPC meeting is 9 December 2026. CBR still 8.75%, inflation 7.3%, dollar at 129.96.

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The next MPC meeting is set for Wednesday, 9 December 2026, while the Central Bank Rate stays at 8.75%. CBK posted the date on 9 November 2026. The same page shows the shilling at KSh129.96 per dollar, October inflation at 7.3%, and the 91-day Treasury bill at 8.750%.

Next MPC meeting: Central Bank of Kenya Pension Towers in Nairobi

When the next MPC meeting sits

On its Next MPC Meeting page, CBK says the Monetary Policy Committee will meet on Wednesday, 9 December 2026. The notice does not announce a new rate decision; it only fixes the calendar for the next sitting after the 7 October review that left the Central Bank Rate at 8.75%.

Key rates CBK listed with the next MPC meeting notice

The 9 November page also shows CBK’s live key-rates box:

  • Central Bank Rate: 8.75% (7 October 2026)
  • CBK Discount Window: 9.25%
  • KESONIA: 8.7531% (6 November 2026)
  • 91-day Treasury bill: 8.750% (9 November 2026)
  • Inflation: 7.3% (October 2026)
  • Lending / savings / deposit rates: 14.4% / 3.53% / 6.94% (September 2026)
  • US dollar: KSh129.96

Full auction tables for this week’s Treasury bills sit in CBK’s separate results sheets, covered in our scheduled treasury bill auction results guide.

What businesses should watch before the next MPC meeting

Borrowers and treasurers use the December sitting to gauge whether the 8.75% CBR will hold into 2027. Until the Committee issues a new statement, the rates above remain the official reference points on CBK’s site. For government paper demand, see the soft CBK bond switch result as well.

Frequently asked questions

When is the next MPC meeting?

Wednesday, 9 December 2026, according to CBK’s 9 November notice.

What is the Central Bank Rate now?

8.75%, last set on 7 October 2026.

Did CBK cut rates on 9 November?

No. The notice only announced the next meeting date and displayed current key rates.

Related: Kenya Eurobond yields fall 25.87bps in week to 5 November

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About Author

Norah Waceke is a business journalist and editor at Business Radar with more than eight years of experience covering Kenya's economy, companies and markets. She previously worked at one of Kenya's leading digital news platforms, where she reported on business, finance and current affairs. A graduate of Multimedia University of Kenya, Norah focuses on clear, accurate reporting that helps readers understand the money stories shaping their lives and businesses.

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