The Bank of Zambia on behalf of the government of the republic of Zambia invites application for government treasury bills tender number 07/2015. All applications (competitive and Non-competitive) should be submitted through the CSD system by 11:00 hours on Thursday 2nd April 2015. Settlement will be on Tuesday 7th April 2015. The following are the amounts on offer.
|TERM TO MATURITY||91 DAYS||182 DAYS||273 DAYS||364 DAYS|
|Competitive Tender||K81 Million||K189 million||k202.5 Million||K337.5 Million|
|Non-competitive Tender||K9 Million||K21 million||k22.5 Million||K37.5 Million|
|Total Tender Amount||K90 million||K 210 Million||k225 Million||K375 Million|
All bidders must comply with the operating rules and guidelines as issued by the bank of Zambia.
The bid applications for both domestic and foreign investors should be submitted through their local commercial Bank
The off Tender (non-competitive) window will have 10% of the total amount on offer.
Bank of Zambia reserves the right to allocate more bids on the competitive Tender to compensate for any shortfalls on the off-tender window and vice-versa until the total amount offered is achieved
The above and other information can be accessed on www.boz.zm.