Malawi Treasury bills · auction of 24 February 2015
Malawi T-bill auction, 24 February 2015: 182-day at 26.47%, down 53 bps
At the Treasury bill auction dated 24 February 2015, the Reserve Bank of Malawi cleared the 182-day bill at 26.47% (down 53 basis points). The rate shown is the average yield of allotted bids.
Bids totalled MWK 8.6bn and MWK 8.6bn was accepted, 100% of what was bid.
Over the past year the 182-day rate has ranged from 12.42% to 27.00%.
A year earlier the 182-day bill cleared at 30.98%, so the government is paying 451 basis points less than twelve months ago.
What this means for MWK 1,000,000
Worked from the published rate · information, not advice
MWK 132,360 in 6 months on the 182-day bill
Put MWK 1,000,000 into the 182-day bill at this auction and you get back MWK 1,132,360 after 6 months: MWK 132,360 in interest before any withholding tax, about MWK 22,060 a month.
That is MWK 2,628 less than the same money would have earned at the previous auction.
The government pays the full amount at maturity; the risk is Malawi’s government not paying, and the money is locked until then.
Results
By tenor
| Tenor | Rate | Previous | Offered | Bids | Accepted |
|---|---|---|---|---|---|
| 182-day | 26.472% | 26.998% | — | MWK 8.64bn | MWK 8.64bn |
Source: Reserve Bank of Malawi result · average yield of allotted bids
Cite or reuse this data
Free to quote, chart and republish with the credit “Source: Afronomics, compiled from the Reserve Bank of Malawi” and a link to this page.
Afronomics (2026). Malawi Treasury bill auction, 24 February 2015, compiled from the Reserve Bank of Malawi. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/malawi/2015-02-24
Free, every weekday at 7:00
The Afronomics Morning
Africa’s markets before 7am: the currencies that moved overnight, the auction results that landed, what is due today and the headlines that matter. Plus the Weekly every Monday.