Monday, 9 November 2026Lusaka, Zambia
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Government Securities

91-Day Treasury Bill

Weighted average yield at the 91-day Treasury bill auction.

9.75%Sep 2026−0.75 ppon the month−1.75 ppon the year
12-month average11.08
Record high53.37Mar 2001
Record low1.94Apr 2010
Observations310since Dec 2000

91-Day Treasury Bill, Dec 2000 to Sep 2026

0204060Dec ’00Mar ’04Jun ’07Sep ’10Dec ’13Mar ’17Jun ’20Sep ’239.75

Show the numbers
Month91-Day Treasury Bill (%)
Sep 20269.75
Aug 202610.50
Jul 202610.50
Jun 202610.50
May 202610.50
Apr 202610.78
Mar 202611.45
Feb 202611.95
Jan 202612.00
Dec 202512.00
Nov 202511.50
Oct 202511.50
Sep 202511.50
Aug 202511.50
Jul 202511.50
Jun 202511.00
May 202511.00
Apr 202511.00
Mar 202511.05
Feb 202511.27
Jan 202511.50
Dec 202410.75
Nov 202410.00
Oct 202410.20
Sep 202410.75
Aug 202410.75
Jul 202410.88
Jun 202410.80
May 20249.57
Apr 20249.50
Mar 20249.50
Feb 20249.50
Jan 20249.50
Dec 20239.45
Nov 20239.45
Oct 20239.45
Sep 202310.08
Aug 20239.53
Jul 20239.65
Jun 20239.80
May 202310.00
Apr 202310.08
Mar 202310.00
Feb 202310.00
Jan 20239.75
Dec 202210.00
Nov 202210.00
Oct 202210.00
Sep 20229.97
Aug 20229.87
Jul 20229.21
Jun 20229.30
May 20229.30
Apr 20229.33
Mar 20229.40
Feb 20229.49
Jan 20229.50
Dec 20219.46
Nov 20219.65
Oct 202110.22
Sep 202112.62
Aug 202113.99
Jul 202113.99
Jun 202114.01
May 202114.03
Apr 202114.03
Mar 202114.03
Feb 202114.03
Jan 202114.01
Dec 202014.00
Nov 202014.00
Oct 202014.00
Sep 202014.00
Aug 202014.38
Jul 202015.31
Jun 202017.25
May 202016.50
Apr 202016.50
Mar 202016.50
Feb 202016.50
Jan 202016.50
Dec 201916.50
Nov 201916.50
Oct 201916.50
Sep 201916.50
Aug 201916.50
Jul 201916.50
Jun 201916.50
May 201916.00
Apr 201915.81
Mar 201915.25
Feb 201915.00
Jan 201915.00
Dec 201815.00
Nov 201814.50
Oct 201814.37
Sep 201814.00
Aug 201811.80
Jul 201810.00
Jun 201810.00
May 201810.00
Apr 201810.10
Mar 201810.00
Feb 20189.85
Jan 20189.79
Dec 20179.55
Nov 20179.06
Oct 20179.02
Sep 20179.06
Aug 201711.19
Jul 201712.20
Jun 201713.08
May 201714.25
Apr 201714.00
Mar 201714.83
Feb 201717.91
Jan 201720.50
Dec 201620.50
Nov 201620.87
Oct 201621.00
Sep 201621.00
Aug 201621.00
Jul 201621.00
Jun 201621.50
May 201622.00
Apr 201622.00
Mar 201622.00
Feb 201622.00
Jan 201619.20
Dec 201515.00
Nov 201515.00
Oct 201514.98
Sep 201514.89
Aug 201514.89
Jul 201514.90
Jun 201514.00
May 201513.90
Apr 201513.50
Mar 201513.50
Feb 201513.50
Jan 201513.20
Dec 201413.00
Nov 201411.25
Oct 20149.50
Sep 20149.50
Aug 20149.50
Jul 20149.50
Jun 20149.38
May 20149.30
Apr 20149.50
Mar 20148.37
Feb 20148.00
Jan 20148.00
Dec 20138.00
Nov 20137.60
Oct 20138.00
Sep 20138.00
Aug 20138.00
Jul 20137.62
Jun 20136.50
May 20136.30
Apr 20135.50
Mar 20135.50
Feb 20136.24
Jan 20137.54
Dec 20129.36
Nov 20127.86
Oct 20127.30
Sep 20127.49
Aug 20127.05
Jul 20127.59
Jun 20127.18
May 20127.03
Apr 20127.61
Mar 20127.08
Feb 20126.33
Jan 20126.97
Dec 20117.11
Nov 20118.37
Oct 20118.55
Sep 20117.73
Aug 20117.54
Jul 20117.06
Jun 20115.99
May 20115.79
Apr 20116.10
Mar 20115.77
Feb 20114.19
Jan 20116.74
Dec 20106.27
Nov 20103.82
Oct 20105.08
Sep 20105.59
Aug 20105.43
Jul 20104.86
Jun 20104.60
May 20103.66
Apr 20101.94
Mar 20102.52
Feb 20105.24
Jan 20105.35
Dec 20096.35
Nov 20099.99
Oct 200914.72
Sep 200915.70
Aug 200916.09
Jul 200915.13
Jun 200913.62
May 200913.87
Apr 200914.21
Mar 200914.00
Feb 200914.26
Jan 200913.78
Dec 200813.86
Nov 200813.91
Oct 200813.29
Sep 200812.47
Aug 200812.30
Jul 200812.13
Jun 200812.11
May 200812.10
Apr 200811.19
Mar 200810.95
Feb 200810.61
Jan 200811.20
Dec 200711.51
Nov 200710.85
Oct 200711.52
Sep 200711.97
Aug 200711.43
Jul 200711.57
Jun 200710.94
May 200711.18
Apr 200712.03
Mar 200710.82
Feb 20079.82
Jan 20079.09
Dec 20068.70
Nov 20069.11
Oct 200610.34
Sep 20068.90
Aug 20067.60
Jul 20066.64
Jun 20065.49
May 20066.43
Apr 20069.02
Mar 200612.75
Feb 200614.12
Jan 200615.05
Dec 200515.14
Nov 200515.39
Oct 200514.88
Sep 200514.87
Aug 200514.39
Jul 200514.49
Jun 200513.91
May 200514.01
Apr 200515.80
Mar 200516.27
Feb 200516.78
Jan 200516.44
Dec 200416.31
Nov 200415.52
Oct 200415.61
Sep 200412.40
Aug 20049.20
Jul 20046.42
Jun 20045.91
May 20046.12
Apr 20047.30
Mar 20047.72
Feb 200413.13
Jan 200416.17
Dec 200319.25
Nov 200331.90
Oct 200333.31
Sep 200332.80
Aug 200331.89
Jul 200332.80
Jun 200332.36
May 200333.61
Apr 200334.54
Mar 200334.36
Feb 200333.53
Jan 200333.18
Dec 200231.96
Nov 200231.57
Oct 200230.66
Sep 200229.74
Aug 200229.81
Jul 200229.32
Jun 200230.97
May 200235.76
Apr 200242.71
Mar 200246.59
Feb 200249.63
Jan 200251.09
Dec 200150.46
Nov 200148.50
Oct 200145.28
Sep 200144.67
Aug 200145.97
Jul 200145.85
Jun 200142.29
May 200142.53
Apr 200144.81
Mar 200153.37
Feb 200142.75
Jan 200135.18
Dec 200034.06

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.

-30-20-1001020200220052008201120142017202020232026

IncreaseDecrease

Related analysis

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

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182-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 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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