By John Chola.
The Bank of Zambia has released its auction calendar for government securities for the fourth quarter of 2024.
The total auction size for Treasury bills has been set at K1,450 million, while government bonds will amount to K1,300 million.
In a public notice, the Bank of Zambia outlined the auction frequency, with Treasury bills being issued every two weeks, and government bonds being issued once a month.
Treasury Bills Auction Calendar:
1. Issue 20/2024 – Thursday, 03 October 2024
2. Issue 21/2024 – Thursday, 17 October 2024
3. Issue 22/2024 – Thursday, 31 October 2024
4. Issue 23/2024 – Thursday, 14 November 2024
5. Issue 24/2024 – Thursday, 28 November 2024
6. Issue 25/2024 – Thursday, 12 December 2024
7. Issue 26/2024 – Thursday, 26 December 2024
Government Bonds Auction Calendar:
1. Bond Issue 10/2024/BA – Friday, 25 October 2024
2. Bond Issue 11/2024/BA – Friday, 22 November 2024
3. Bond Issue 12/2024/BA – Friday, 20 December 2024
The Bank of Zambia encouraged members of the public interested in participating in the auctions to stay informed through the official channels for further updates.
For additional information, inquiries can be directed to the Bank’s Communications Department.
This auction calendar provides investors with a structured opportunity to engage with government securities, allowing them to invest in a relatively stable and secure financial instrument as the year draws to a close.
