08 Sep 2021

BOZ adjusts auction bid thresholds!

The Bank of Zambia announced on 7th September 2021 that it had made changes to the Government Securities Auction Thresholds for both Treasury Bills and Government Bonds. The maximum bid amount for the Non Competitive window has been bumped up from K29,000.00 to K499,000.00 (Face Value) per bidder per tenor. The minimum bid amount is unchanged at K1,000.00. The minimum bid amount for the Competitive amounts has been increased from K30,000.00 to K500,000 (Face value).

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