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