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.: TREASURY BILLS

  • Short term financial instrument issued by Government through Reserve Bank of Malawi (RBM)
  • Low risk and highly liquid instruments
  • Rediscountable with discount houses
  • Offered for three tenures 91, 182, 273 days
  • Minimum investment amount of K10,000-00 and in multiples of K1000-00 there after
  • Auctions take place every friday, for settlement, the following thursday

 

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