By BUUMBA CHIMBULUAPPETITE for Government securities has been increased by 53 percent to K6.6 billion monthly with Treasury bills being auctioned every two weeks while Government bonds will be issued once ev- ery month.This is according to the 2022 first quarter auction calen- dar for government securities posted on the Bank of Zambia website.The Central Bank will now offer K2.0 billion worth of Treasury Bills every fortnight from the K1.4 billion while its monthly bond offerings has widened to K2.6 billion from K1.5 billion in 2021.“The Bank of Zambia wish- es to announce to the General Public that the auction sizes for the first quarter of 2022 will be K2,000 million for Treasury bills and K2,600 million for Government bonds.“The Auction frequency for Treasury bills will be one auc- tion every two weeks while Government bonds will be is- sued once every month,” theCentral Bank said. Commenting on this de-velopment, the Kwacha Arbitrageur Magazine indi- […]
APPETITE FOR GOVERNMENT SECURITIES SCALES UP
