Malawi Treasury bills · auction of 10 November 2015
Malawi T-bill auction, 10 November 2015: 182-day at 20.51%, up 53 bps
At the Treasury bill auction dated 10 November 2015, the Reserve Bank of Malawi cleared the 182-day bill at 20.51% (up 53 basis points). The rate shown is the average yield of allotted bids.
Bids totalled MWK 1.2bn and MWK 589m was accepted, 47% of what was bid.
Over the past year the 182-day rate has ranged from 19.73% to 27.00%.
A year earlier the 182-day bill cleared at 20.50%, so the government is paying 1 basis point more than twelve months ago.
What this means for MWK 1,000,000
Worked from the published rate · information, not advice
MWK 102,544 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 1,102,544 after 6 months: MWK 102,544 in interest before any withholding tax, about MWK 17,091 a month.
That is MWK 2,663 more 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 | 20.509% | 19.976% | — | MWK 1.25bn | MWK 589m |
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, 10 November 2015, compiled from the Reserve Bank of Malawi. Retrieved 5 October 2026, from https://www.afronomicsfeed.com/markets/tbills/malawi/2015-11-10
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.