Afronomics dataset · Africa
Africa Treasury bill monitor
The latest government bill auctions in ten African markets, side by side, each compiled from the central bank’s own results. Histories run from 2000 in South Africa and 2002 in Egypt and Nigeria; the shortest, Zambia’s, starts in 2018. Every market’s full record is a free download.
Get the result the moment it lands
A notification on your phone or computer each time a market publishes a new auction.
| Market | 91-day | 182-day | 364-day | Change (bps) | Latest auction | Rate measure |
|---|---|---|---|---|---|---|
| North Africa | ||||||
| EgyptEGP | 24.56%−7 | 25.51%−18 | 25.67%+21 | +21 | 29 Sept 2026 | weighted average yield of accepted bids |
| West Africa | ||||||
| NigeriaNGN | 15.50%−80 | 15.80%−70 | 15.89%−73 | −73 | 23 Sept 2026 | stop (issue) rate at the primary auction |
| GhanaGHS | 4.68%−2 | 6.37%−12 | 9.83%−15 | −15 | 28 Sept 2026 | weighted average interest-rate equivalent |
| East Africa | ||||||
| KenyaKES | 8.77%−1 | 8.89%−1 | 9.04%±0 | ±0 | 5 Oct 2026 | weighted average rate of accepted bids |
| UgandaUGX | 9.75%−25 | 10.00%−25 | 11.00%±0 | ±0 | 3 Sept 2026 | money-market yield at the cut-off price |
| TanzaniaTZS | 3.39%−4 | 5.29%+36 | 6.29%−19 | −19 | 23 Sept 2026 | weighted average yield of successful bids |
| Southern Africa | ||||||
| South AfricaZAR | 6.93%+8 | 7.52%+11 | 7.50%+13 | +13 | 28 Sept 2026 | average rate at which bills are allotted in the weekly auction |
| ZambiaZMW | 8.50%−50 | 9.10%−95 | 10.00%−90 | −90 | 1 Oct 2026 | cut-off yield rate at the auction |
| MalawiMWK | 12.00%±0 | 14.50%±0 | 16.00%±0 | ±0 | 29 Sept 2026 | average yield of allotted bids |
| MozambiqueMZN | 12.11%−4 | 12.15%−1 | 12.09%±0 | ±0 | 1 Oct 2026 | weighted average subscription rate |
Change is against each tenor’s previous auction. Rate measures differ by central bank and are shown as published; compare levels with that in mind.
History
364-day bill rate by market, last three years
Every panel uses the same scale, 5% to 34%, so the heights compare across markets. One point per auction.
What these rates mean after inflation, how heavily each auction is bid, and when each market reports next: African borrowing costs.
Cite or reuse this data
Free to quote, chart and republish with the credit “Source: Afronomics, compiled from ten African central banks” and a link to this page.
Afronomics (2026). Africa Treasury bill monitor, compiled from ten African central banks. Retrieved 5 October 2026, from https://www.afronomicsfeed.com/markets/tbills
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