The ‘sovereign risk theme’ in 1Q21 Kwacha government debt performance Zambia’s central bank set out to raise K12.3billion through sale of treasury bills and bonds in the first quarter of…
Bank of Zambia sells $23mn in bills as subscription haircuts persist This is the seventh under subscription of eight auctions year to date. Central Bank in Africa’s copper producer, Bank of…
Kwacha bond sale ‘flops’ as players shy away, reserve liquidity for T-bill’s 280 bps spread between the 1 yr and 5 yr points drove auction behavior Kwacha assets are perceived to be…
