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The Bank of Zambia invites applications for Government Treasury Bill Tender Number 20/2021.

BANK of ZAMBIA
The Bank of Zambia on behalf of the Government of the Republic of Zambia invites
applications for Government Treasury Bill Tender Number 20/2021. All applications
(Competitive and Non-competitive) should be submitted through the Central Securities
Depository system by 11:00 hours on Thursday, October 7, 2021. Settlement will be on Monday
October 11, 2021. The following are the amounts on offer:
Term to Maturity 91 Days 182 Days 273 Days 364 Days
ISIN ZM3000009032 ZM3000009040 ZM3000009057 ZM3000009065
Competitive Tender K 189 Million K 216 Million K 225 Million K 630 Million
Non-Competitive Tender K 21 Million K 24 Million K 25 Million K 70 Million
Total Tender Amount K 210 Million K 240 Million K 250 Million K 700 Million
ALL BIDDERS MUST COMPLY WITH THE OPERATING RULES AND GUIDELINES AS
ISSUED BY THE BANK OF ZAMBIA.
THE TOTAL AMOUNT OF TREASURY BILLS ON TENDER IS K1,400,000,000.00 (ONE
BILLION FOUR HUNDRED MILLION) AT COST.
BID APPLICATIONS FOR BOTH DOMESTIC AND FOREIGN INVESTORS SHOULD BE
SUBMITTED THROUGH LOCAL COMMERCIAL BANKS OR THE BANK OF ZAMBIA.
THE OFF-TENDER (NON-COMPETITIVE) WINDOW WILL HAVE 10% OF THE TOTAL
AMOUNT ON OFFER.
BANK OF ZAMBIA RESERVES THE RIGHT TO ACCEPT BIDS HIGHER OR LOWER
THAN THE TENDER SIZES.
BANK OF ZAMBIA RESERVES THE RIGHT TO ALLOCATE MORE BIDS ON THE
COMPETITIVE TENDER TO COMPENSATE FOR ANY SHORTFALLS ON THE NONCOMPETITIVE WINDOW AND VICE-VERSA UNTIL THE TOTAL AMOUNT OFFERED
IS ACHIEVED.
THE ABOVE AND OTHER INFORMATION CAN BE ACCESSED ON www.boz.zm
BANK OF ZAMBIA
FINANCIAL MARKETS DEPARTMENT
BOX 30080
LUSAKA
TELEPHONE NUMBER 0211-399399/399000

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