Monday, 9 November 2026Lusaka, Zambia
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Government Securities

10-Year Bond

Weighted average yield on the 10-year government bond.

14.50%Sep 2026−1.00 ppon the month−4.50 ppon the year
12-month average17.01
Record high34.50Feb 2021
Record low14.00Aug 2010
Observations228since Aug 2007

10-Year Bond, Aug 2007 to Sep 2026

10152025303540200820112014201720202023202614.50

Show the numbers
Month10-Year Bond (%)
Sep 202614.50
Aug 202615.50
Jun 202616.50
Apr 202616.50
Mar 202616.60
Feb 202616.60
Jan 202617.19
Dec 202517.50
Nov 202517.50
Oct 202517.75
Sep 202519.00
Aug 202519.00
Jul 202519.00
Jun 202519.00
May 202519.00
Apr 202519.00
Mar 202521.48
Feb 202522.49
Jan 202522.50
Dec 202422.50
Nov 202422.50
Oct 202422.50
Sep 202425.75
Aug 202426.75
Jul 202425.75
Jun 202425.75
May 202425.00
Apr 202424.97
Mar 202424.97
Feb 202423.00
Jan 202424.97
Dec 202325.50
Nov 202325.50
Oct 202325.50
Sep 202326.00
Aug 202326.75
Jul 202326.75
Jun 202327.75
May 202327.75
Apr 202327.75
Mar 202327.75
Feb 202327.75
Jan 202327.75
Dec 202227.64
Nov 202227.64
Oct 202227.64
Sep 202227.64
Aug 202227.75
Jul 202225.75
Jun 202225.25
May 202225.25
Apr 202225.44
Mar 202225.49
Feb 202225.49
Jan 202224.79
Dec 202124.78
Nov 202125.62
Oct 202126.00
Sep 202126.50
Aug 202130.00
Jul 202131.00
Jun 202131.00
May 202134.50
Apr 202134.50
Mar 202134.50
Feb 202134.50
Jan 202133.38
Dec 202033.00
Nov 202033.00
Oct 202033.00
Sep 202032.25
Aug 202031.50
Jul 202031.50
Jun 202025.50
May 202023.50
Apr 202023.50
Mar 202024.38
Feb 202027.00
Jan 202027.00
Dec 201927.00
Nov 201927.00
Oct 201927.75
Sep 201928.00
Aug 201927.20
Jul 201927.00
Jun 201927.00
May 201927.00
Apr 201926.14
Mar 201925.85
Feb 201924.09
Jan 201923.50
Dec 201821.50
Nov 201819.50
Oct 201819.75
Sep 201820.00
Aug 201819.55
Jul 201819.25
Jun 201819.05
May 201819.00
Apr 201819.75
Mar 201820.00
Feb 201820.00
Jan 201820.00
Dec 201720.60
Nov 201721.00
Oct 201718.00
Sep 201718.00
Aug 201718.25
Jul 201718.25
Jun 201719.60
May 201719.94
Apr 201719.95
Mar 201719.95
Feb 201723.74
Jan 201725.00
Dec 201625.00
Nov 201624.50
Oct 201624.50
Sep 201624.50
Aug 201624.50
Jul 201624.50
Jun 201624.50
May 201624.50
Apr 201624.50
Mar 201624.50
Feb 201622.25
Jan 201620.00
Dec 201520.00
Nov 201520.00
Oct 201520.00
Sep 201520.00
Aug 201520.75
Jul 201521.00
Jun 201521.00
May 201521.45
Apr 201521.75
Mar 201521.75
Feb 201521.86
Jan 201521.97
Dec 201421.97
Nov 201419.72
Oct 201418.97
Sep 201418.97
Aug 201418.75
Jul 201418.75
Jun 201418.75
May 201418.07
Apr 201417.90
Mar 201417.90
Feb 201417.96
Jan 201418.15
Dec 201318.15
Nov 201317.61
Oct 201317.25
Sep 201317.25
Aug 201317.01
Jul 201316.95
Jun 201316.95
May 201316.97
Apr 201316.98
Mar 201316.98
Feb 201316.62
Jan 201316.50
Dec 201216.50
Nov 201215.85
Oct 201215.69
Sep 201215.69
Aug 201215.95
Jul 201215.95
Jun 201215.95
May 201216.32
Apr 201216.32
Mar 201216.32
Feb 201216.32
Jan 201215.93
Dec 201115.93
Nov 201115.93
Oct 201115.40
Sep 201115.40
Aug 201115.40
Jul 201115.40
Jun 201115.40
May 201115.40
Apr 201115.40
Mar 201115.40
Feb 201115.01
Jan 201115.01
Dec 201015.01
Nov 201015.01
Oct 201014.00
Sep 201014.00
Aug 201014.00
Jul 201015.69
Jun 201015.69
May 201015.69
Apr 201018.32
Mar 201018.32
Feb 201018.76
Jan 201018.90
Dec 200918.90
Nov 200919.41
Oct 200919.58
Sep 200919.58
Aug 200918.54
Jul 200918.20
Jun 200918.20
May 200918.20
Apr 200918.20
Mar 200918.41
Feb 200918.41
Jan 200918.41
Dec 200818.41
Nov 200818.41
Oct 200818.41
Sep 200818.41
Aug 200818.20
Jul 200818.41
Jun 200818.41
May 200818.53
Apr 200818.61
Mar 200818.61
Feb 200818.78
Jan 200818.82
Dec 200718.82
Nov 200718.98
Oct 200719.08
Sep 200719.08
Aug 200719.08

Source: Bank of Zambia auctions. Monthly. Gaps in the line are months with no published figure.

Change on a year earlier

Each bar is this month against the same month twelve months before — the comparison that strips out the seasonal pattern.

-10-5051015200920112013201520172019202120232025

IncreaseDecrease

Related analysis

View all

Nothing published on this indicator yet. KSJ analysis appears here as it is written.

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91-Day Treasury Bill9.75%−0.75 ppm/m−1.75 ppy/ySep 2026182-Day Treasury Bill10.45%−0.50 ppm/m−2.30 ppy/ySep 2026273-Day Treasury Bill10.75%−0.30 ppm/m−2.75 ppy/ySep 2026364-Day Treasury Bill11.90%−0.20 ppm/m−2.60 ppy/ySep 20262-Year Bond12.00%−1.00 ppm/m−3.50 ppy/ySep 20263-Year Bond12.59%−1.50 ppm/m−3.66 ppy/ySep 20265-Year Bond14.98%−1.12 ppm/m−5.27 ppy/yFeb 2026 · not updated this month7-Year Bond13.75%−1.04 ppm/m−4.75 ppy/ySep 202615-Year Bond15.54%−0.96 ppm/m−4.66 ppy/ySep 2026

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