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 latest 12 months is a free download; the full record comes with a key.
Get each result by alert
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 | Trend, longest bill | Rate measure |
|---|---|---|---|---|---|---|---|
| North Africa | |||||||
| EgyptEGP | 25.00%+68 | 25.46%+29 | 26.08%+16 | +16 | 3 Nov 2026 | up +16 bps364-day billFollow Egypt 364-day Treasury bill | weighted average yield of accepted bids |
| West Africa | |||||||
| NigeriaNGN | 15.40%±0 | 15.79%±0 | 15.80%±0 | ±0 | 4 Nov 2026 | unchanged unchanged364-day billFollow Nigeria 364-day Treasury bill | stop (issue) rate at the primary auction |
| GhanaGHS | 4.60%−1 | 6.26%−3 | 9.60%−7 | −7 | 2 Nov 2026 | down −7 bps364-day billFollow Ghana 364-day Treasury bill | weighted average interest-rate equivalent |
| East Africa | |||||||
| KenyaKES | 8.75%±0 | 8.85%−1 | 9.03%±0 | ±0 | 2 Nov 2026 | unchanged unchanged364-day billFollow Kenya 364-day Treasury bill | weighted average rate of accepted bids |
| UgandaUGX | 11.20%−5 | 13.00%−40 | 14.75%+25 | +25 | 5 Nov 2026 | up +25 bps364-day billFollow Uganda 364-day Treasury bill | money-market yield at the cut-off price |
| TanzaniaTZS | 3.64%+14 | 5.57%−6 | 6.13%−15 | −15 | 21 Oct 2026 | down −15 bps364-day billFollow Tanzania 364-day Treasury bill | weighted average yield of successful bids |
| Southern Africa | |||||||
| South AfricaZAR | 7.28%+12 | 7.39%−1 | 7.42%−4 | −4 | 2 Nov 2026 | down −4 bps364-day billFollow South Africa 364-day Treasury bill | average rate at which bills are allotted in the weekly auction |
| ZambiaZMW | 8.50%±0 | 9.10%±0 | 10.00%±0 | ±0 | 29 Oct 2026 | unchanged unchanged364-day billFollow Zambia 364-day Treasury bill | cut-off yield rate at the auction |
| MalawiMWK | 12.00%±0 | 14.50%±0 | 16.00%±0 | ±0 | 3 Nov 2026 | unchanged unchanged364-day billFollow Malawi 364-day Treasury bill | average yield of allotted bids |
| MozambiqueMZN | 12.19%+1 | 12.15%±0 | 12.10%+1 | +1 | 21 Oct 2026 | up +1 bps364-day billFollow Mozambique 364-day Treasury bill | weighted average subscription rate |
Change is against each tenor’s previous auction. Trend lines are the last 26 auctions of the longest bill each market sells. Rate measures differ by central bank and are shown as published; compare levels with that in mind.
Sources: Central Bank of Kenya · Central Bank of Nigeria · Bank of Ghana · Bank of Uganda · Bank of Tanzania · Central Bank of Egypt · South African Reserve Bank · Bank of Zambia · Reserve Bank of Malawi · Banco de Moçambique. Each row links to the publisher’s own notice on its market page. Afronomics compiles and checks; the publisher is the source. Freshness last checked 4 November 2026: data status. Information, not advice.
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 4 November 2026, from https://www.afronomicsfeed.com/markets/tbills
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