Core Viewpoint - The Central Bank of Kenya has announced that all floating rate loans will now be based on the Kenya Shilling Overnight Interbank Average (KESONIA), enhancing interest rate transparency and improving monetary policy transmission efficiency [1] Group 1 - The new system is based on market trading data, which will help reduce the risk of arbitrary rate adjustments [1] - This change is expected to provide stability in the loan market, particularly benefiting small and medium-sized enterprises (SMEs) and borrowers by offering stable funding support [1]