GOVERNMENT TREASURY BILLS

Announcement of Scheduled Auction

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 957th/2024 to be held on Wednesday, August 07, 2024. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Amount Offered(Birr)

1,679,650,000.00

   3,119,350,000.00

5,998,750,000.00

13,197,250,000.00

Date of Auction

07-Aug-24

07-Aug-24

07-Aug-24

07-Aug-24

Date of Issue

08-Aug-24

08-Aug-24

08-Aug-24

08-Aug-24

Auction Method

Competitive

Competitive

Competitive

Competitive

Maturity Date

04-Sep-24

06-Nov-24

05-Feb-25

06-Aug-25

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 23,995,000,000.00 (Twenty-three billion, nine hundred ninety-five million Ethiopian Birr Only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, August 07, 2024.
  • Settlement date will be on Thursday, August 08, 2024.
  • Auction results announcement date and time Wednesday 7th August 2024, before 5:00 PM.
National Bank of Ethiopia
Results of Treasury Bills Auction 
Auction No: 957th/24, Held on August 07, 2024
      
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)4-Sep-246-Nov-245-Feb-256-Aug-25 
Amount Offered (ETB Millions)      1,679.65      3,119.35      5,998.75     13,197.25    23,995.00
Bids Received (ETB Millions)         580.00         522.00      4,000.00       1,860.00      6,962.00
Total Amount Accepted (ETB Millions)         580.00         522.00      4,000.00       1,860.00      6,962.00
Competitive Bids         580.00         522.00      4,000.00       1,860.00      6,962.00
Non Competitive Bids                 –                   –                   –                    –                   –  
Cut Off Price (Per Birr 100)         99.040         97.600         96.171          90.000 
Cut Off Yield (Annual in %)         12.636           9.863           7.985          11.142 
Weighted Average Price (Per Birr 100)         99.140         97.600         96.170          90.190 
Weighted Average Yield (Annual in %)         11.290           9.863           7.985          10.9139.183
Source: National Bank of Ethiopia     

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 958th/2024 to be held on Wednesday, August 21, 2024. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

1,679,650,000.00

3,119,350,000.00

10,998,750,000.00

13,197,250,000.00

Competitive

1,679,650,000.00

3,119,350,000.00

5,998,750,000.00

13,197,250,000.00

Non-competitive

0.00

0.00

50000, 0000,000.00

0.000

Date of Auction

21-Aug-24

21-Aug-24

21-Aug-24

21-Aug-24

Date of Issue

22-Aug-24

22-Aug-24

22-Aug-24

22-Aug-24

Maturity Date

18-Sep-24

20-Nov-24

19-Feb-25

20-Aug-25

  •  All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 28,995,000,000.000 (Twenty-eight billion, nine hundred ninety-five million Ethiopian Birr Only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, August 21, 2024.
  • Settlement date will be on Thursday, August 22, 2024.
  • Auction results announcement date and time Wednesday 21st August 2024, before 5:00 PM.

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 959th/2024 to be held on Wednesday, September 04, 2024. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

 Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

1,325,345,000.00

2,461,355,000.00

14,333,375,000.00

10,413,425,000.00

Competitive

1,325,345,000.00

2,461,355,000.00

4,733,375,000.00

10,413,425,000.00

Non-competitive

0.00

0.00

9,600,000,000.00

0.00

Date of Auction

04-Sep-24

04-Sep-24

04-Sep-24

04-Sep-24

Date of Issue

05-Sep-24

05-Sep-24

05-Sep-24

05-Sep-24

Maturity Date

02-Oct-24

04-Dec-24

05-Mar-25

03-Sep-25

National Bank of Ethiopia

Results of Treasury Bills Auction

Auction No: 959th/24, Held on September 04, 2024

28 DAYS

91 DAYS

182 DAYS

364 DAYS

TOTAL

Maturity Date (DD/MM/YYYY)

2-Oct-24

4-Dec-24

5-Mar-25

3-Sep-25

Amount Offered (ETB Millions)

1,325.35

2,461.36

14,333.38

10,413.43

28,533.50

Bids Received (ETB Millions)

1,900.00

1,100.00

9,600.00

707.00

13,307.00

Total Amount Accepted (ETB Millions)

1,900.00

1,100.00

9,600.00

707.00

13,307.00

Competitive Bids

1,900.00

1,100.00

707.00

3,707.00

Non Competitive Bids

9,600.00

9,600.00

Cut Off Price (Per Birr 100)

98.862

96.870

90.000

Cut Off Yield (Annual in %)

15.005

12.960

11.142

Weighted Average Price (Per Birr 100)

98.940

97.160

90.000

Weighted Average Yield (Annual in %)

13.924

11.718

11.142

12.739

Source: National Bank of Ethiopia

Note: In the calculation of Total weighted average yield non-competitive auction amount is excluded

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 960th/2024 to be held on Wednesday, September 18, 2024. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

 Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

1,325,345,000.00

2,461,355,000.00

4,733,375,000.00

10,413,425,000.00

Competitive

1,325,345,000.00

2,461,355,000.00

4,733,375,000.00

10,413,425,000.00

Non-competitive

0.00

0.00

0.00

0.00

Date of Auction

18-Sep-24

18-Sep-24

18-Sep-24

18-Sep-24

Date of Issue

19-Sep-24

19-Sep-24

19-Sep-24

19-Sep-24

Maturity Date

16-Oct-24

18-Dec-24

19-Mar-25

17-Sep-25

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 961st/2024 to be held on Wednesday, October 02, 2024. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

739,982,833.31

1,374,253,833.29

2,642,795,833.25

5,814,150,833.15

              Competitive

739,982,833.31

1,374,253,833.29

2,642,795,833.25

5,814,150,833.15

                Non-competitive

   0.00

     0.00

            0.00

0.00

Date of Auction

02-Oct-24

02-Oct-24

02-Oct-24

02-Oct-24

Date of Issue

03-Oct-24

03-Oct-24

03-Oct-24

03-Oct-24

Maturity Date

30-Oct-24

01-Jan-25

02-Apr-25

01-Oct-25

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 10,571,183,333.00 (Ten billion, five hundred seventy-one million, one hundred eighty-three thousand, three hundred thirty-three Birr Only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, October 02, 2024.
  • Settlement date will be on Thursday, October 03, 2024.
  • Auction results announcement date and time Wednesday 18th October 02, 2024, before 5:00 PM.
Treasury Bills Auction Result
Auction No: 961st/24, Held on October 02, 2024
      
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)30-Oct-241-Jan-252-Apr-251-Oct-25 
Amount Offered (ETB Millions)       739.983    1,374.254    2,642.796        5,814.151                10,571.183
Bids Received (ETB Millions)       400.000       600.000                 –          1,738.860                  2,738.860
Total Amount Accepted (ETB Millions)       400.000       600.000                 –          1,738.860                  2,738.860
Competitive Bids       400.000       600.000                 –          1,738.860                  2,738.860
Non Competitive Bids                 –                   –                   –                      –                                 –  
Minimum Price (Per Birr 100)         99.000         97.250                 –               90.000 
Cut Off Price   (Per Birr 100)         99.000         97.250                 –               90.000 
Minimum Yied (Annual in %)         13.167         11.342                 –               11.142 
Cut Off Yield   (Annual in %)         13.167         11.342                 –               11.142 
Weighted Average Price (Per Birr 100)         99.000         97.250                 –               90.000 
Weighted Average Yield (Annual in %)         13.674         11.342                 –               11.142                         11.56
Source: National Bank of Ethiopia     

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 962nd/2024 to be held on Wednesday, October 16, 2024. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

739,982,833.31

1,374,253,833.29

2,642,795,833.25

5,814,150,833.15

              Competitive

739,982,833.31

1,374,253,833.29

2,642,795,833.25

5,814,150,833.15

             Non-competitive

   0.00

     0.00

            0.00

0.00

Date of Auction

      16-Oct-24

     16-Oct-24

16-Oct-24

16-Oct-24

Date of Issue

      17-Oct-24

     17-Oct-24

17-Oct-24

17-Oct-24

Maturity Date

      13-Nov-24

     15-Jan-25

         16-Apr-25

          15-Oct-25

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 10,571,183,333.00 (Ten billion, five hundred seventy-one million, one hundred eighty-three thousand, three hundred thirty-three Birr Only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, October 16, 2024.
  • Settlement date will be on Thursday, October 17, 2024.
  • Auction results announcement date and time Wednesday 16th October, 2024, before 5:00 PM.

National Bank of Ethiopia

Treasury Bills Auction Result

Auction No: 962nd/24, Held on October 16, 2024

28 DAYS

91 DAYS

182 DAYS

364 DAYS

TOTAL

Maturity Date (DD/MM/YYYY)

13-Nov-24

15-Jan-25

16-Apr-25

15-Oct-25

Amount Offered (ETB Millions)

739.983

1,374.254

2,642.796

5,814.150

10,571.183

Bids Received (ETB Millions)

400.000

600.000

8,344.255

9,344.255

Total Amount Accepted (ETB Millions)

400.000

600.000

8,344.255

9,344.255

Competitive Bids

400.000

600.000

8,344.255

9,344.255

Non Competitive Bids

Maximum Price (Per Birr 100)

98.950

97.200

88.500

Maximum Yied (Annual in %)

13.833

11.554

13.674

Cut Off Price (Per Birr 100)

98.950

97.200

88.000

Cut Off Yield (Annual in %)

13.833

11.554

13.030

Minimum Price (Per Birr 100)

98.950

97.200

88.000

Minimum Yied (Annual in %)

13.833

11.554

13.030

Weighted Average Price (Per Birr 100)

98.950

97.200

88.210

Weighted Average Yield (Annual in %)

13.833

11.554

13.399

13.299

Source: National Bank of Ethiopia

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 963rd/2024 to be held on Wednesday, October 30, 2024. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

739,982,833.45

1,374,253,833.55

2,642,795,833.75

5,814,150,834.25

              Competitive

 739,982,833.45

 1,374,253,833.55

 2,642,795,833.75

 5,814,150,834.25

                Non-competitive

   0.00

     0.00

            0.00

0.00

Date of Auction

      30-Oct-24

     30-Oct-24

30-Oct-24

30-Oct-24

Date of Issue

      31-Oct-24

     31-Oct-24

31-Oct-24

        31-Oct-24

Maturity Date

      27-Nov-24

29-Jan-25

30-Apr-25

29-Oct-25

29-Jan-25

29-Jan-25

30-Apr-25

29-Oct-25

        30-Apr-25

 

30-Apr-25

29-Oct-25

       29-Oct-25

n-25

30-Apr-25

29-Oct-25

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 10,571,183,335.00 (Ten Billion, Five Hundred Seventy-One Million, One Hundred Eighty-Three Thousand, Three Hundred Thirty-Five Ethiopian Birr.).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, October 30, 2024.
  • Settlement date will be on Thursday, October 31st, 2024.
  • Auction results announcement date and time Wednesday 30th October, 2024, before 5:00 PM.
Treasury Bills Auction Result
Auction No: 963rd/24, Held on October 30, 2024
      
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)27-Nov-2429-Jan-2530-Apr-2529-Oct-25 
Amount Offered (ETB Millions)       739.983    1,374.254    2,642.796        5,814.151                10,571.183
Bids Received (ETB Millions)       730.000    1,300.000    1,900.000           655.000                  4,585.000
Total Amount Accepted (ETB Millions)       730.000    1,300.000    1,900.000           655.000                  4,585.000
Competitive Bids       730.000    1,300.000    1,900.000           655.000                  4,585.000
Non Competitive Bids                 –                   –                   –                      –                                 –  
Maximum Price (Per Birr 100)         98.850         97.150         97.050             88.000 
Maximum Yied (Annual in %)         15.166         11.767           6.096             13.674 
Cut Off Price   (Per Birr 100)         98.850         97.150         97.050             88.000 
Cut Off Yield   (Annual in %)         15.166         11.767           6.096             13.674 
Minimum Price (Per Birr 100)         98.850         97.150         97.050             88.000 
Minimum Yied (Annual in %)         15.166         11.767           6.096             13.674 
Weighted Average Price (Per Birr 100)         98.850         97.150         97.050             88.000 
Weighted Average Yield (Annual in %)         15.166         11.767           6.096             13.674                       10.230
Source: National Bank of Ethiopia     

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 964th/2024 to be held on Wednesday, November 13, 2024. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

1,203,825,000.00

2,235,675,000.00

7,799,375,000.00

10,458,625,000.00

              Competitive

1,203,825,000.00

2,235,675,000.00

4,299,375,000.00

9,458,625,000.00

                Non-competitive

0.00

0.00

3,500,000,000.00

1,000,000,000.00

Date of Auction

13-Nov-24

13-Nov-24

13-Nov-24

13-Nov-24

Date of Issue

14-Nov-24

14-Nov-24

14-Nov-24

14-Nov-24

Maturity Date

11-Dec-24

 

30-Apr-25

29-Oct-25

12-Feb-25

29-Jan-25

30-Apr-25

29-Oct-25

14-May-25

 

30-Apr-25

29-Oct-25

12-Nov-25

 

30-Apr-25

29-Oct-25

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 21,697,500,000.00 (Twenty-One Billion, Six Hundred Ninety-Seven Million, Five Hundred Thousand Ethiopian Birr only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, November 13, 2024.
  • Settlement date will be on Thursday, November 14, 2024.
  • Auction results announcement date and time Wednesday 13th November, 2024, before 5:00 PM.
National Bank of Ethiopia
Treasury Bills Auction Result
Auction No: 964th/24, Held on November 13, 2024
      
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)11-Dec-2412-Feb-2514-May-2512-Nov-25 
Amount Offered (ETB Millions)    1,203.825    2,235.675    7,799.375      10,458.625                  21,697.50
Competitive Bids    1,203.825    2,235.675    4,299.375        9,458.625 
Non Competitive Bids                 –                   –        3,500.00          1,000.00 
Bids Received (ETB Millions)    1,830.000    3,180.000    5,150.000        3,033.000                  13,193.00
Total Amount Accepted (ETB Millions)    1,830.000    3,180.000    5,150.000        3,033.000                  13,193.00
Competitive Bids    1,830.000    3,180.000    1,650.000        2,033.000                    8,693.00
Non Competitive Bids                 –                   –        3,500.00          1,000.00                    4,500.00
Maximum Price (Per Birr 100)         98.820         97.100         94.000             87.500 
Maximum Yied (Annual in %)         15.833         16.495         12.801             14.325 
Cut Off Price   (Per Birr 100)         98.800         96.050         94.000             87.500 
Cut Off Yield   (Annual in %)         15.833         16.495         12.801             14.325 
Minimum Price (Per Birr 100)         98.800         96.050         94.000             87.500 
Minimum Yied (Annual in %)         15.566         11.979         12.801             14.325 
Weighted Average Price (Per Birr 100)         98.810         96.374         94.000             87.500 
Weighted Average Yield (Annual in %)         15.658         15.093         12.801             14.325                       14.597
Source: National Bank of Ethiopia     

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 965th/2024 to be held on Wednesday, November 27, 2024. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

1,203,825,000.00

2,235,675,000.00

4,299,375,000.00

9,458,625,000.00

              Competitive

1,203,825,000.00

2,235,675,000.00

4,299,375,000.00

9,458,625,000.00

                Non-competitive

0.00

0.00

0.00

0.00

Date of Auction

27-Nov-24

27-Nov-24

27-Nov-24

27-Nov-24

Date of Issue

28-Nov-24

28-Nov-24

28-Nov-24

28-Nov-24

Maturity Date

25-Dec-24

29-Jan-25

30-Apr-25

29-Oct-25

26-Feb-25

29-Jan-25

30-Apr-25

29-Oct-25

28-May-25

 

30-Apr-25

29-Oct-25

26-Nov-25

n-25

30-Apr-25

29-Oct-25

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 17,197,500,000.00 (Seventeen billion, one hundred ninety-seven million, five hundred thousand Ethiopian Birr only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, November 27, 2024.
  • Settlement date will be on Thursday, November 28, 2024.
  • Auction results announcement date and time Wednesday 27th November, 2024, before 5:00 PM.
National Bank of Ethiopia
Treasury Bills Auction Result
Auction No: 965th/24, Held on November 27, 2024
      
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)25-Dec-2426-Feb-2528-May-2526-Nov-25 
Amount Offered (ETB Millions)    1,203.825    2,235.675    4,299.375        9,458.625                17,197.500
Bids Received (ETB Millions)       910.000    1,280.000    2,208.000           180.000                  4,578.000
Total Amount Accepted (ETB Millions)       910.000    1,280.000    2,208.000           180.000                  4,578.000
Competitive Bids       910.000    1,280.000    2,208.000           180.000                  4,578.000
Non Competitive Bids                 –                   –                   –                      –                                 –  
Maximum Price (Per Birr 100)         98.800         96.850         93.800             87.300 
Maximum Yield (Annual in %)         15.833         16.495         15.095             14.588 
Cut Off Price   (Per Birr 100)         98.800         96.050         93.000             87.300 
Cut Off Yield   (Annual in %)         15.833         16.495         15.095             14.588 
Minimum Price (Per Birr 100)         98.800         96.050         93.000             87.300 
Minimum Yield (Annual in %)         15.833         13.046         13.256             14.588 
Weighted Average Price (Per Birr 100)         98.800         96.740         93.710             87.300 
Weighted Average Yield (Annual in %)         15.833         13.527         13.469             14.588                         14.00
Source: National Bank of Ethiopia     

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 966th/2024 to be held on Wednesday, December 11, 2024. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

    1,118,976,950.00

      2,078,100,050.00

      3,996,346,250.00

    14,791,961,750.00

              Competitive

    1,118,976,950.00

      2,078,100,050.00

      3,996,346,250.00

      8,791,961,750.00

                Non-competitive

  0.00

    0.00

      0.00

      6,000,000,000.00

Date of Auction

      11-Dec-24

    11-Dec-24

11-Dec-24

11-Dec-24

Date of Issue

      12-Dec-24

    12-Dec-24

12-Dec-24

        12-Dec-24

Maturity Date

      08-Jan-25

29-Jan-25

30-Apr-25

29-Oct-25

12-Mar-25

29-Jan-25

30-Apr-25

29-Oct-25

      11-Jun-25

 

30-Apr-25

29-Oct-25

      10-Dec-25

n-25

30-Apr-25

29-Oct-25

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 21,985,385,000.00 (Twenty-one billion, nine hundred eighty-five million, three hundred eighty-five thousand Ethiopian Birr only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, December 11, 2024.
  • Settlement date will be on Thursday, December 12, 2024.

Auction results announcement date and time Wednesday 11th December, 2024, before 5:00 PM.

National Bank of Ethiopia
Treasury Bills Auction Result
Auction No: 966th/24, Held on December 11, 2024
      
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)8-Jan-2512-Mar-2511-Jun-2510-Dec-25 
Amount Offered (ETB Millions)    1,118.977    2,078.100    3,996.346      14,791.962                21,985.385
Bids Received (ETB Millions)       400.000       400.000       400.000        6,437.000                  7,637.000
Total Amount Accepted (ETB Millions)       400.000       400.000       400.000        6,437.000                  7,637.000
Competitive Bids       400.000       400.000       400.000           437.000                  1,637.000
Non Competitive Bids                 –                   –                   –            6,000.00                    6,000.00
Maximum Price (Per Birr 100)         98.800         96.050         93.000             87.300 
Maximum Yield (Annual in %)         15.833         16.495         15.095             14.588 
Cut Off Price   (Per Birr 100)         98.800         96.050         93.000             87.300 
Cut Off Yield   (Annual in %)         15.833         16.495         15.095             14.588 
Minimum Price (Per Birr 100)         98.800         96.050         93.000             87.300 
Minimum Yield (Annual in %)         15.833         16.495         15.095             14.588 
Weighted Average Price (Per Birr 100)         98.800         96.050         93.000             87.300 
Weighted Average Yield (Annual in %)         15.833         16.495         15.095             14.588                         15.48
Source: National Bank of Ethiopia     

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 967th/2024 to be held on Wednesday, December 25, 2024. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

     1,118,976,950.00

      2,078,100,050.00

      3,996,346,250.00

      8,791,961,750.00

             Competitive

1,118,976,950.00

2,078,100,050.00

3,996,346,250.00

8,791,961,750.00

Date of Auction

      25-Dec-24

     25-Dec-24

25-Dec-24

25-Dec-24

Date of Issue

      26-Dec-24

     26-Dec-24

26-Dec-24

        26-Dec-24

Maturity Date

      22-Jan-25

29-Jan-25

30-Apr-25

29-Oct-25

26-Mar-25

29-Jan-25

30-Apr-25

29-Oct-25

       25-Jun-25

 

30-Apr-25

29-Oct-25

       24-Dec-25

n-25

30-Apr-25

29-Oct-25

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 15,985,385,000.00 (Fifteen billion, nine hundred eighty-five million, three hundred eighty-five thousand Ethiopian Birr only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, December 25, 2024.
  • Settlement date will be on Thursday, December 26, 2024.
  • Auction results announcement date and time Wednesday 25th December, 2024, before 5:00 PM.
National Bank of Ethiopia
Treasury Bills Auction Result
Auction No: 967th/24, Held on December 25, 2024
      
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)22-Jan-2526-Mar-2525-Jun-2524-Dec-25 
Amount Offered (ETB Millions)    1,118.977    2,078.100    3,996.346      14,791.962       21,985.385
Bids Received (ETB Millions)       630.000    1,092.000                 –          8,103.200         9,825.200
Total Amount Accepted (ETB Millions)       630.000    1,092.000                 –          8,103.200         9,825.200
Competitive Bids       630.000    1,092.000                 –          2,103.200         3,825.200
Non Competitive Bids                 –                   –                   –            6,000.00           6,000.00
Maximum Price (Per Birr 100)         98.800         96.800                 –               86.400 
Maximum Yield (Annual in %)         15.833         16.495                 –               17.696 
Cut Off Price   (Per Birr 100)         98.800         96.050                 –               85.000 
Cut Off Yield   (Annual in %)         15.833         16.495                 –               17.696 
Minimum Price (Per Birr 100)         98.800         96.050                 –               85.000 
Minimum Yield (Annual in %)         15.833         13.260                 –               15.784 
Weighted Average Price (Per Birr 100)         98.800         96.520                 –               86.330 
Weighted Average Yield (Annual in %)         15.833         14.474                 –               15.874                15.47
Source: National Bank of Ethiopia     
National Bank of Ethiopia
Treasury Bills Auction Result
Auction No: 968th/25, Held on January 08, 2025
      
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)5-Feb-259-Apr-259-Jul-257-Jan-26 
Amount Offered (ETB Millions)       765.240    1,421.160    2,733.000      12,012.600       16,932.000
Bids Received (ETB Millions)       640.000    6,820.000    6,200.000        9,238.065       22,898.065
Total Amount Accepted (ETB Millions)       640.000    6,820.000    6,200.000        9,238.065       22,898.065
Competitive Bids       640.000    6,820.000    6,200.000        3,238.065       16,898.065
Non Competitive Bids                 –                   –                   –            6,000.00           6,000.00
Maximum Price (Per Birr 100)         98.800         96.750         93.700             87.300 
Maximum Yield (Annual in %)         15.833         16.495         15.397             16.324 
Cut Off Price   (Per Birr 100)         98.800         96.050         92.870             86.000 
Cut Off Yield   (Annual in %)         15.833         16.495         15.397             16.324 
Minimum Price (Per Birr 100)         98.800         96.050         92.870             86.000 
Minimum Yield (Annual in %)         15.833         13.474         13.484             14.588 
Weighted Average Price (Per Birr 100)         98.800         96.440         93.030             86.170 
Weighted Average Yield (Annual in %)         15.833         14.793         15.024             16.097                15.17
Source: National Bank of Ethiopia     
Note:In the calculation of T-Bill Annual Weighted Average Yield(%) the Non-Competitive amount and price is excluded

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 969th/2025 to be held on Wednesday, January 22, 2025. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

765,240,000.00

1,421,160,000.00

2,733,000,000.00

12,012,600,000.00

              Competitive

765,240,000.00

1,421,160,000.00

2,733,000,000.00

6,012,600,000.00

                Non-competitive

   0.00

     0.00

       0.00

        6,000,000,000.00

Date of Auction

      22-Jan-25

     22-Jan-25

22-Jan-25

22-Jan-25

Date of Issue

      23-Jan-25

     23-Jan-25

23-Jan-25

        23-Jan-25

Maturity Date

      19-Feb-25

29-Jan-25

30-Apr-25

29-Oct-25

23-Apr-25

29-Jan-25

30-Apr-25

29-Oct-25

       23-Jul-25

 

30-Apr-25

29-Oct-25

       21-Jan-26

n-25

30-Apr-25

29-Oct-25

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 16,932,000,000.00 (Sixteen billion, nine hundred thirty-two million Ethiopian Birr only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, January 22, 2025.
  • Settlement date will be on Thursday, January 23, 2025.
  • Auction results announcement date and time Wednesday 22nd January, 2025, before 5:00 PM.
National Bank of Ethiopia
Treasury Bills Auction Result
Auction No: 969th/25, Held on January 22, 2025
      
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)19-Feb-2523-Apr-2523-Jul-2521-Jan-26 
Amount Offered (ETB Millions)       765.240    1,421.160    2,733.000      12,012.600       16,932.000
Bids Received (ETB Millions)    2,515.240    3,300.000    3,300.000      10,960.000       20,075.240
Total Amount Accepted (ETB Millions)    2,515.240    3,300.000    3,300.000      10,960.000       20,075.240
Competitive Bids    2,515.240    3,300.000    3,300.000        4,960.000       14,075.240
Non Competitive Bids                 –                   –                   –            6,000.00           6,000.00
Maximum Price (Per Birr 100)         98.800         96.730         93.650             87.000 
Maximum Yield (Annual in %)         15.966         16.495         16.331             17.585 
Cut Off Price   (Per Birr 100)         98.790         96.050         92.470             85.080 
Cut Off Yield   (Annual in %)         15.966         16.495         16.331             17.585 
Minimum Price (Per Birr 100)         98.790         96.050         92.470             85.080 
Minimum Yield (Annual in %)         15.833         13.559         13.598             14.984 
Weighted Average Price (Per Birr 100)         98.800         96.320         93.290             86.430 
Weighted Average Yield (Annual in %)         15.873         15.334         14.419             15.737                15.36
Source: National Bank of Ethiopia     

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 970th/2025 to be held on Wednesday, February 05, 2025. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

 967,260,000.00

 1,796,340,000.00

 3,454,500,000.00

 7,599,900,000.00

              Competitive

 967,260,000.00

 1,796,340,000.00

 3,454,500,000.00

 7,599,900,000.00

Date of Auction

05-Feb-25

05-Feb-25

05-Feb-25

05-Feb-25

Date of Issue

06-Feb-25

06-Feb-25

06-Feb-25

06-Feb-25

Maturity Date

05-Mar-25

29-Jan-25

30-Apr-25

29-Oct-25

07-May-25

29-Jan-25

30-Apr-25

29-Oct-25

06-Aug-25

 

30-Apr-25

29-Oct-25

04-Feb-26

n-25

30-Apr-25

29-Oct-25

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 13,818,000,000.00 (Thirteen-Billion, Eight Hundred Eighteen Million Ethiopian Birr only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, February 05, 2025.
  • Settlement date will be on Thursday, February 06, 2025.
  • Auction results announcement date and time Wednesday 6th February, 2025, before 5:00 PM.
Treasury Bills Auction Result
Auction No: 970th/25, Held on February 05, 2025
      
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)5-Mar-257-May-256-Aug-254-Feb-26 
Amount Offered (ETB Millions)       967.260    1,796.340    7,454.500      16,899.900       27,118.000
Bids Received (ETB Millions)    1,138.260    1,958.340    5,750.000        9,400.000       18,246.600
Total Amount Accepted (ETB Millions)    1,138.260    1,958.340    5,750.000        9,400.000       18,246.600
Competitive Bids    1,138.260    1,958.340    1,750.000           100.000         4,946.600
Non Competitive Bids                 –                   –        4,000.00          9,300.00         13,300.00
Maximum Price (Per Birr 100)         98.780         96.700         93.500             85.000 
Maximum Yield (Annual in %)         16.100         16.538         13.942             17.696 
Cut Off Price   (Per Birr 100)         98.780         96.040         93.500             85.000 
Cut Off Yield   (Annual in %)         16.100         16.538         13.942             17.696 
Minimum Price (Per Birr 100)         98.780         96.040         93.500             85.000 
Minimum Yield (Annual in %)         16.100         13.688         13.942             17.696 
Weighted Average Price (Per Birr 100)         98.780         96.650         93.500             85.000 
Weighted Average Yield (Annual in %)         16.100         13.922         13.942             17.696                14.51
Source: National Bank of Ethiopia     
Note:Annual Weighted Average Yield(%) is calculated only from the competitive bid  

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 971st/2025 to be held on Wednesday, February 19, 2025. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

967,260,000.00

1,796,340,000.00

3,454,500,000.00

7,599,900,000.00

              Competitive

967,260,000.00

1,796,340,000.00

3,454,500,000.00

7,599,900,000.00

                Non-competitive

0.00

0.00

0.00

0.00

Date of Auction

19-Feb-25

19-Feb-25

19-Feb-25

19-Feb-25

Date of Issue

20-Feb-25

20-Feb-25

20-Feb-25

20-Feb-25

Maturity Date

19-Mar-25

29-Jan-25

30-Apr-25

29-Oct-25

21-May-25

29-Jan-25

30-Apr-25

29-Oct-25

20-Aug-25

 

30-Apr-25

29-Oct-25

18-Feb-26

n-25

30-Apr-25

29-Oct-25

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 13,818,000,000.00 (Thirteen Billion Eight Hundred Eighteen Million Ethiopian Birr only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, February 19, 2025.
  • Settlement date will be on Thursday, February 20, 2025.
  • Auction results announcement date and time Wednesday 19th February, 2025, before 5:00 PM.
Treasury Bills Auction Result
Auction No: 971st/25, Held on February 19, 2025
      
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)19-Mar-2521-May-2520-Aug-2518-Feb-26 
Amount Offered (ETB Millions)       967.260    1,796.340     8,454.500      17,599.900   28,818.000
Bids Received (ETB Millions)    3,308.695    4,996.340     7,850.000      11,287.310   27,442.345
Total Amount Accepted (ETB Millions)    2,341.435    4,996.340     7,850.000      11,287.310   26,475.085
Competitive Bids    2,341.435    4,996.340     2,850.000        1,287.310   11,475.085
Non Competitive Bids                 –                   –         5,000.00        10,000.00     15,000.00
Maximum Price Submitted(Per Birr 100)         98.776         96.550          93.075             85.000 
Maximum Yield Submitted (Annual in %)         53.750         19.384          16.848             17.696 
Cut Off Price   (Per Birr 100)         98.500         95.390          92.250             85.000 
Cut Off Yield   (Annual in %)         19.851         19.384          16.848             17.696 
Minimum Price Submitted (Per Birr 100)         96.040         95.390          92.250             85.000 
Minimum Yield Submitted(Annual in %)         16.148         14.332          14.921             17.696 
Weighted Average Price accepted (Per Birr 100)         98.760         96.050          92.790             85.000 
Weighted Average Yield accepted (Annual in %)         16.381         16.479          15.594             17.696            16.38
Source: National Bank of Ethiopia     
Note:Annual Weighted Average Yield(%) is calculated only from the competitive bid  

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applicants for Government Treasury Bill Tender Number 972nd/2025 to be held on Wednesday, March 05, 2025. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

 876,050,000.00

 1,626,950,000.00

 3,128,750,000.00

 6,883,250,000.00

              Competitive

 876,050,000.00

 1,626,950,000.00

 3,128,750,000.00

 6,883,250,000.00

Date of Auction

      05-March-25

     05-March-25

05-March-25

05-March-25

Date of Issue

      06-March-25

     06-March-25

06-March-25

        06-March-25

Maturity Date

     02-Apr-25

      04-Jun-25

      03-Sep-25

         04-Mar-26

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 12,515,000,000.00 (Twelve Billion Five Hundred Fifteen Million Birr Ethiopian Birr only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, March 05, 2025.
  • Settlement date will be on Thursday, March 06, 2025.
  • Auction results announcement date and time Wednesday 5th March, 2025, before 5:00 PM.
National Bank of Ethiopia
Treasury Bills Auction Result
Auction No: 972nd/25, Held on March 05, 2025
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)2-Apr-254-Jun-253-Sep-254-Mar-26 
Amount Offered (ETB Millions)          876.050         1,626.950      12,728.750    11,883.250       27,115.000
Bids Received (ETB Millions)       2,041.050         3,152.000      11,600.000      5,400.000       22,193.050
Total Amount Accepted (ETB Millions)       2,041.050         3,152.000      11,600.000      5,400.000       22,193.050
Competitive Bids       2,041.050         3,152.000        2,000.000         400.000         7,593.050
Non Competitive Bids                   –                       –            9,600.00        5,000.00         14,600.00
Maximum Price (Per Birr 100)            98.890              96.500             93.000           84.750 
Maximum Yield (Annual in %)            18.509              19.340             16.848           18.044 
Cut Off Price   (Per Birr 100)            98.600              95.400             92.250           84.750 
Cut Off Yield   (Annual in %)            18.509              19.340             16.848           18.044 
Minimum Price (Per Birr 100)            98.600              95.400             92.250           84.750 
Minimum Yield (Annual in %)            14.632              14.548             15.095           18.044 
Weighted Average Price (Per Birr 100)            98.770              96.020             92.810           84.750 
Weighted Average Yield (Annual in %)            16.255              16.645             15.531           18.044                16.32
Source: National Bank of Ethiopia     
Note:In the calculation of T-Bill Annual Weighted Average Yield(%) the Non-Competitive amount and price are excluded
 
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
   

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 973rd/2025 to be held on Wednesday, March 19, 2025. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

 876,050,000.00

 1,626,950,000.00

 3,128,750,000.00

 6,883,250,000.00

              Competitive

 876,050,000.00

 1,626,950,000.00

 3,128,750,000.00

 6,883,250,000.00

Date of Auction

      19-March-25

     19-March-25

19-March-25

19-March-25

Date of Issue

      20-March-25

     20-March-25

20-March-25

        20-March-25

Maturity Date

     16-Apr-25

      18-Jun-25

      17-Sep-25

         18-Mar-26

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 12,515,000,000.00 (Twelve Billion Five Hundred Fifteen Million Birr Ethiopian Birr only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, March 19, 2025.
  • Settlement date will be on Thursday, March 20, 2025.
  • Auction results announcement date and time Wednesday 19th March, 2025, before 5:00 PM.
Treasury Bills Auction Result
Auction No: 973rd/25, Held on March 19, 2025
 28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
Maturity Date (DD/MM/YYYY)16-Apr-2518-Jun-2517-Sep-2518-Mar-26 
Amount Offered (ETB Millions)       876.050    1,626.950     3,128.750        6,883.250       12,515.000
Bids Received (ETB Millions)    1,476.050    2,626.950     2,564.375        1,040.000         7,707.375
Total Amount Accepted (ETB Millions)    1,476.050    2,626.950     2,564.375        1,040.000         7,707.375
Competitive Bids    1,476.050    2,626.950     2,564.375        1,040.000         7,707.375
Non Competitive Bids                 –                   –                    –                      –                       –  
Maximum Price (Per Birr 100)         98.811         96.011          91.773             84.000 
Maximum Yield (Annual in %)         19.180         19.340          18.630             20.538 
Cut Off Price   (Per Birr 100)         98.550         95.400          91.500             83.000 
Cut Off Yield   (Annual in %)         19.180         19.340          18.630             20.538 
Minimum Price (Per Birr 100)         98.550         95.400          91.500             83.000 
Minimum Yield (Annual in %)         15.686         16.665          17.979             19.100 
Weighted Average Price (Per Birr 100)         98.700         95.780          91.670             83.100 
Weighted Average Yield (Annual in %)         17.104         17.679          18.233             20.398                18.12
Source: National Bank of Ethiopia     
Note:In the calculation of T-Bill Annual Weighted Average Yield(%) the Non-Competitive amount and price are excluded

The National Bank of Ethiopia on behalf of the Federal Democratic Republic of Ethiopia Ministry of Finance invites applications for Government Treasury Bill Tender Number 974th/2025 to be held on Wednesday, April 02, 2025. Commercial banks bid applications can be submitted electronically through the auction portal while non-banks can submit physically to Payment and Settlement System Directorate of National Bank of Ethiopia. The following are the amounts on offer.

Maturity Period

28-Days

91-Days

182-Days

364-Days

Total Amount Offered (Birr)

 960,775,000.00

 1,783,000,000.00

 3,428,090,000.00

 7,540,500,000.00

              Competitive

 960,775,000.00

 1,783,000,000.00

 3,428,090,000.00

 7,540,500,000.00

                Non-competitive

   0.00

     0.00

   0.00

         0.00

Date of Auction

      02-April-25

     02-April-25

02-April-25

02-April-25

Date of Issue

      03-April-25

     03-April-25

03-April-25

        03-April-25

Maturity Date

      30-Apr-25

      02-Jul-25

       01-Oct-25

        01-Apr-26

Yield Calculation Method

Discount Basis

Discount Basis

Discount Basis

Discount Basis

  • All bidders must comply with the establishment and operation of government of Ethiopia treasury bills market directive issued by National Bank of Ethiopia.
  • The total amount of treasury bills on tender is Birr 13,712,365,000.00 (Thirteen billion, seven hundred twelve million, three hundred sixty-six thousand, six hundred sixty-five Ethiopian Birr only).
  • All bids must be submitted from 9:00 AM to 11:30 AM on Wednesday, April 02, 2025.
  • Settlement date will be on Thursday, April 03, 2025.
  • Auction results announcement date and time Wednesday 2nd April, 2025, before 5:00 PM.
 Treasury Bills Auction Result
 Auction No: 974th/25, Held on April 2nd, 2025
  28 DAYS91 DAYS182 DAYS364 DAYSTOTAL
 Maturity Date (DD/MM/YYYY)30-Apr-252-Jul-251-Oct-251-Apr-26 
 Amount Offered (ETB Millions)         960.78      1,783.00       3,428.09        12,040.50         18,212.37
 Bids Received (ETB Millions)      2,301.08      4,872.00       2,500.00          6,897.29         16,570.37
 Total Amount Accepted (ETB Millions)      2,301.08      4,872.00       2,500.00          6,897.29         16,570.37
 Competitive Bids      2,301.08      4,872.00       2,500.00          2,397.29         12,070.37
 Non Competitive Bids                 –                   –                    –            4,500.00           4,500.00
 Maximum Price (Per Birr 100)           99.00           96.70            91.02               84.00 
 Maximum Yield (Annual in %)           16.20           19.34            20.99               19.10 
 Cut Off Price   (Per Birr 100)           98.77           95.40            90.53               84.00 
 Cut Off Yield   (Annual in %)           16.20           19.34            20.99               19.10 
 Minimum Price (Per Birr 100)           98.77           95.40            90.53               84.00 
 Minimum Yield (Annual in %)           13.17           13.69            19.77               19.10 
 Weighted Average Price (Per Birr 100)           98.88           95.87            90.73               84.00 
 Weighted Average Yield (Annual in %)           14.74           17.28            20.50               19.10                17.83
 Source: National Bank of Ethiopia     
 Note:In the calculation of T-Bill Annual Weighted Average Yield(%) the Non-Competitive amount and price are excluded