Monday, 9 November 2026Lusaka, Zambia
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Government Securities

3-Year Bond

Weighted average yield on the 3-year government bond.

12.59%Sep 2026−1.50 ppon the month−3.66 ppon the year
12-month average15.09
Record high32.70Jul 2020
Record low8.36Apr 2010
Observations252since Aug 2005

3-Year Bond, Aug 2005 to Sep 2026

010203040200620092012201520182021202412.59

Show the numbers
Month3-Year Bond (%)
Sep 202612.59
Aug 202614.09
Jun 202614.50
Apr 202614.50
Mar 202614.90
Feb 202614.90
Jan 202615.79
Dec 202516.00
Nov 202516.00
Oct 202516.00
Sep 202516.25
Aug 202515.50
Jul 202516.50
Jun 202516.50
May 202516.50
Apr 202516.50
Mar 202518.45
Feb 202519.45
Jan 202519.95
Dec 202420.00
Nov 202419.90
Oct 202419.99
Sep 202421.45
Aug 202421.50
Jul 202420.50
Jun 202420.50
May 202420.00
Apr 202420.00
Mar 202420.00
Feb 202420.00
Jan 202420.00
Dec 202322.00
Nov 202322.00
Oct 202321.00
Sep 202321.50
Aug 202322.00
Jul 202322.00
Jun 202322.00
May 202322.00
Apr 202322.00
Mar 202322.00
Feb 202322.00
Jan 202322.00
Dec 202222.00
Nov 202222.00
Oct 202222.00
Sep 202222.00
Aug 202222.00
Jul 202222.00
Jun 202220.00
May 202220.00
Apr 202220.00
Mar 202220.00
Feb 202220.25
Jan 202220.00
Dec 202119.80
Nov 202120.71
Oct 202120.95
Sep 202122.48
Aug 202129.62
Jul 202130.70
Jun 202130.65
May 202132.70
Apr 202132.70
Mar 202132.70
Feb 202132.70
Jan 202132.70
Dec 202032.70
Nov 202032.70
Oct 202032.70
Sep 202032.70
Aug 202032.70
Jul 202032.70
Jun 202032.18
May 202030.31
Apr 202029.75
Mar 202029.75
Feb 202029.75
Jan 202029.75
Dec 201929.75
Nov 201928.95
Oct 201929.50
Sep 201929.75
Aug 201929.75
Jul 201929.75
Jun 201929.75
May 201929.75
Apr 201925.81
Mar 201924.50
Feb 201921.13
Jan 201920.00
Dec 201820.00
Nov 201820.00
Oct 201819.20
Sep 201818.40
Aug 201818.46
Jul 201818.50
Jun 201818.02
May 201817.90
Apr 201817.90
Mar 201817.90
Feb 201817.95
Jan 201817.95
Dec 201718.28
Nov 201718.50
Oct 201716.85
Sep 201716.85
Aug 201717.93
Jul 201717.93
Jun 201719.59
May 201720.00
Apr 201720.00
Mar 201720.00
Feb 201722.42
Jan 201723.23
Dec 201623.23
Nov 201623.57
Oct 201623.90
Sep 201623.90
Aug 201624.50
Jul 201624.50
Jun 201624.50
May 201624.50
Apr 201624.50
Mar 201624.50
Feb 201624.00
Jan 201623.50
Dec 201523.50
Nov 201523.50
Oct 201523.50
Sep 201523.50
Aug 201522.55
Jul 201522.23
Jun 201522.23
May 201518.79
Apr 201516.50
Mar 201516.50
Feb 201516.35
Jan 201516.20
Dec 201416.20
Nov 201416.20
Oct 201416.20
Sep 201416.20
Aug 201416.25
Jul 201416.25
Jun 201416.25
May 201415.25
Apr 201415.00
Mar 201415.00
Feb 201415.13
Jan 201415.50
Dec 201315.50
Nov 201315.35
Oct 201315.25
Sep 201315.25
Aug 201314.65
Jul 201314.50
Jun 201314.50
May 201313.89
Apr 201313.49
Mar 201313.49
Feb 201312.94
Jan 201312.75
Dec 201212.75
Nov 201211.63
Oct 201211.35
Sep 201211.35
Aug 201212.22
Jul 201212.22
Jun 201212.22
May 201213.06
Apr 201213.06
Mar 201213.06
Feb 201212.06
Jan 201213.04
Dec 201115.15
Nov 201114.63
Oct 201116.38
Sep 201114.24
Aug 201113.94
Jul 201110.00
Jun 201112.48
May 201112.08
Apr 201111.95
Mar 201111.33
Feb 201111.07
Jan 201111.07
Dec 20108.99
Nov 20108.99
Oct 20109.00
Sep 201010.98
Aug 201011.88
Jul 201011.96
Jun 201010.81
May 20109.50
Apr 20108.36
Mar 201011.41
Feb 201013.72
Jan 201015.51
Dec 200916.75
Nov 200918.46
Oct 200919.51
Sep 200919.71
Aug 200919.47
Jul 200918.59
Jun 200918.54
May 200918.92
Apr 200919.00
Mar 200918.43
Feb 200917.28
Jan 200916.21
Dec 200816.20
Nov 200816.20
Oct 200815.92
Sep 200815.64
Aug 200815.50
Jul 200815.41
Jun 200816.12
May 200815.61
Apr 200815.06
Mar 200815.23
Feb 200815.25
Jan 200815.42
Dec 200715.40
Nov 200715.23
Oct 200714.99
Sep 200714.99
Aug 200715.00
Jul 200713.91
Jun 200713.54
May 200713.87
Apr 200713.76
Mar 200713.30
Feb 200713.01
Jan 200712.40
Dec 200612.12
Nov 200612.29
Oct 200614.80
Sep 200614.80
Aug 200612.83
Jul 200612.06
Jun 200611.06
May 200610.98
Apr 200613.59
Mar 200618.19
Feb 200620.60
Jan 200622.10
Dec 200522.34
Nov 200522.04
Oct 200522.18
Sep 200522.07
Aug 200521.60

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.

-15-10-50510152007201020132016201920222025

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 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 202610-Year Bond14.50%−1.00 ppm/m−4.50 ppy/ySep 202615-Year Bond15.54%−0.96 ppm/m−4.66 ppy/ySep 2026

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