Addis Ababa, Ethiopia September 29, 2025 – The Ethiopian Securities Exchange (ESX) today announced that Ethiopia’s Interbank Money Market (IMM) has surpassed one trillion Ethiopian Birr (ETB 1,000,000,000,000) in cumulative transaction value since its launch on ESX’s electronic trading platform in October 2024. The IMM is operationalized by the National Bank of Ethiopia (NBE) and facilitated on ESX’s trading infrastructure in line with NBE Interbank Money Market Directive and the Code of Conduct.

This milestone caps a year of rapid growth in interbank activity and participation, currently onboarding 26 of the commercial banks. ESX’s weekly market disclosures have documented steady volumes and evolving weighted-average rates across overnight and 7‑day tenors.

“Crossing ETB 1 trillion is more than a number, it signals much improved fluidity in the market, enhanced transparency, and a reliable venue for daily funding needs,” said Michael Habte, Chief Operating Officer, Ethiopian Securities Exchange. “We are proud to provide the technology and operational discipline the National Bank of Ethiopia and market participants rely on every trading day. We are grateful for the high level of trust, support, and partnership given to us by the National Bank of Ethiopia and market participants”.

The growth of the IMM has also been reinforced by ecosystem partners. In May 2025, ESX and IFC launched a money-market capacity-building project to strengthen market infrastructure and support a national dealers’ association laying foundations for a robust local-currency market.

Interbank Money Market at a glance

• Policy & Rules: NBE Directive MFAD/IBM/03/2024 and Interbank Market Code of Conduct
• Launch: 31 October 2024
• Product Tenors: Overnight and 7-day interbank loans (market-determined rates)
• Growth markers: ~ETB 135bn by mid-Jan 2025 (pilot phase); ETB 500bn by early Apr 2025; ~ETB 834 bn by 4 Jul 2025; >ETB 1 trillion (Sept 2025).

About ESX

The Ethiopian Securities Exchange (ESX) is Ethiopia’s first organized securities exchange, launched on 10 January 2025 to provide a modern, regulated marketplace for equities and fixed-income instruments. ESX also facilitates the Interbank Money Market operationalized and regulated by the National Bank of Ethiopia, advancing efficiency, transparency, and market integrity.

Media Contacts

Mahlet Semere

Marketing and Business Support Specialist

Ethiopian Securities Exchange (ESX)

Email: info@esx.et

Phone: +25952120031