TREASURY BILLS TENDER FOR BANK OF ZAMBIA

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
ISIN ZM3000001427 ZM3000001435 ZM3000001443 ZM3000001450
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.