2020-07-03

Zimbabwe Government 364 and 270-Day Treasury Bill Results, 03 July 2020

The Reserve Bank of Zimbabwe issued Treasury Bill auction results on 3 July 2020, establishing a uniform rate of 50.00 percent for the 364-day bill and an average rate of 19.14 percent for the 270-day bill. The central bank rejected all submitted bids totaling ZWL$50 million for the longer tenor while accepting ZWL$70 million out of ZWL$120 million in bids for the shorter tenor. These allocations fulfill a total government liquidity offering of ZWL$500 million.

Zimbabwe

Reserve Bank of Zimbabwe

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RE S E RVE BANK OF ZIMBA B W E 364 DAYS 270 DAYS Highest Rate : 50.0000% 45.0000% Lowest Rate : 50.0000% 18.0000% Average Rate : N/A 19.1429% Total Bids : ZWL$50,000,000.00 ZWL$120,000,000.00 Amount Allotted : ALL BIDS REJECTED ZWL$70,000,000.00 RESERVE BANK OF ZIMBABWE 3 JULY 2020 A m ount on Oer ZWL$500,000,000.00 ZIMBABWE GOVERNMENT 364 & 270-DAY TREASURY BILL RESULTS