By BUUMBA CHIMBULUTHE Bank of Zambia (BoZ) has revised upwards the Government securities auction thresholds for both Treasury Bills and bonds with effect from September 13, 2021.BoZ Assistant Director – Communications, Besnat Mwanza, said in Lusaka yesterday that the thresholds have been revised to realign them with economic changes and passage of time since they were instituted.Ms Mwanza indicated that the maximum bid amount for non-competitive window had been adjusted to K499, 000 from K29, 000 per bidder for a maturity tenor.She, however, stated that the minimum bid amount for non-competitive bids were unchanged at K1, 000.Ms Mwanza the minimum bid amount for competitive bids had also been adjusted to K500, 000 from K30, 000 per bidder for a maturity tenor.“The Bank of Zambia wishes to advise the general public and investors in Government securities of the following changes to the Government securities auction thresholds for both Treasury Bills and Bonds,” she said.Ms Mwanza said […]
BOZ UPS TREASURY BILLS,BONDS THRESHOLDS
