Malawi Treasury bills · auction of 27 June 2017
Malawi T-bill auction, 27 June 2017: 91-day at 21.32%, down 3 bps
At the Treasury bill auction dated 27 June 2017, the Reserve Bank of Malawi cleared the 91-day bill at 21.32% (down 3 basis points) and the 182-day bill at 21.96% (up 12 basis points). The rate shown is the average yield of allotted bids.
Bids totalled MWK 737m and MWK 737m was accepted, 100% of what was bid.
Over the past year the 91-day rate has ranged from 21.00% to 29.00%.
A year earlier the 91-day bill cleared at 29.00%, so the government is paying 768 basis points less than twelve months ago.
What this means for MWK 1,000,000
Worked from the published rate · information, not advice
MWK 109,805 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 1,109,805 after 6 months: MWK 109,805 in interest before any withholding tax, about MWK 18,301 a month.
That is MWK 589 more than the same money would have earned at the previous auction.
For shorter money: MWK 53,309 on the 91-day bill (3 months).
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 |
|---|---|---|---|---|---|
| 91-day | 21.323% | 21.350% | — | MWK 346m | MWK 346m |
| 182-day | 21.961% | 21.843% | — | MWK 391m | MWK 391m |
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, 27 June 2017, compiled from the Reserve Bank of Malawi. Retrieved 3 October 2026, from https://www.afronomicsfeed.com/markets/tbills/malawi/2017-06-27
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.