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Securities FAQs

What Are Government Securities?

What Government Securities are available?

What does face value, cost value, discount, and maturity period mean?

How can I participate in Government securities investments?

How do I make money out of investing in Government securities?

What cash flows will I receive by investing in Government securities?

How are Government securities issued?

Am I eligible to purchase Government securities?

There are no restrictions to eligibility. Business firms, institutions, foreign entities, and individuals are all eligible to purchase Government Securities at the Bank of Zambia. However, there are two key requirements: (i) every investor must have a local commercial bank account denominated in Kwacha and (ii) every investor must register on the Central Securities Depository at Bank of Zambia. Clients can register online through the Bank of Zambia Investor Portal on this link: https://investorportal.boz.zm.

How can I purchase Government securities?

 

How do I make payments for my successful Government securities bids?

  

How do I receive interest and maturity payments for Government securities?

How do I calculate how much money I need to invest? What about my interest income?

Are there any minimum or maximum amounts of securities I can purchase?

 

How often are Government securities auctions held?

How do I know when the next auction will be held?

How are Government securities interest rates determined?

How do I know the latest results of an auction?

Are there any charges to my interest income on Treasury bills?

Are there any charges to my interest income on Government bonds?

Can I cash in my Treasury bills before they mature?

What are the benefits of investing in Government securities?

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