According to the Bank of Zambia Treasury auction results seen by the Zambian Business Times (ZBT), for T-Bill tender number 20/2026, there has been an oversubscription to the initial offer of K2.2 billion (at cost). The report further indicates K3.6 billion (face value) was the amount bid, with only K2.7 billion allocated at cost. A further check by the Zambian Business Times-ZBT shows that all the tenures were oversubscribed, as the 91-day T-bill had K440 million as the initial offer (at cost), and K464 million was the total bid received, with K443.5 billion as the amount allocated (at cost). The...
This content is only available for active subscribers. Subscribe now to get full access.
