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HomeMarketsWhy are GRZ bonds not performing well compared to T-bills?

Why are GRZ bonds not performing well compared to T-bills?

Government securities, which are bonds and treasury bills, have continued to see an oversubscription on the treasury bills side, while an undersubscription on the GRZ bonds has been seen Some experts have noted that most investors are opting to invest in short-term investments (T-bills) rather than (GRZ bonds) due to the political season which the country has entered, and the geopolitical conflict, which has pushed domestic fuel prices making investors more skeptical.  A quick check by the Zambian Business Times (ZBT) revealed that the Bank of Zambia Treasury bill tender number 10/2026 recorded an oversubscription of K399.5 million, as the...

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