GRZ Securities Issuance Calendar Q4 2026 (October–December)
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GRZ Securities Issuance Calendar Q4 2026 (October–December)
GRZ Securities Issuance Calendar — Q4 2026 (October–December)
This is the Bank of Zambia's official quarterly issuance calendar for Q4 2026, listing the confirmed dates for Treasury bill and Government bond auctions from October through December 2026. Bidders use it to plan cash flow, decide which tenor to bid into, and know when results and settlement fall due.
Each Treasury bill auction offers K2,200 million and runs every two weeks. Government bonds are auctioned twice this quarter, each offering K6,300 million: 08/2026/BA on Friday, 20 November 2026 and 09/2026/BA on Friday, 18 December 2026. The same notice introduces Zambia's new 20-year Government bond, which joins the benchmark bonds.
| Issue | Type | Auction date |
|---|---|---|
| 20/2026 | Treasury bills | Thursday, 1 October 2026 |
| 21/2026 | Treasury bills | Thursday, 15 October 2026 |
| 22/2026 | Treasury bills | Thursday, 29 October 2026 |
| 23/2026 | Treasury bills | Thursday, 12 November 2026 |
| 08/2026/BA | Government bonds | Friday, 20 November 2026 |
| 24/2026 | Treasury bills | Thursday, 26 November 2026 |
| 25/2026 | Treasury bills | Thursday, 10 December 2026 |
| 09/2026/BA | Government bonds | Friday, 18 December 2026 |
| 26/2026 | Treasury bills | Thursday, 24 December 2026 |
Download the official notice below, read how to take part in the November and December auctions, or use our GRZ bond calculator to work out what a bond will cost you once the cut-off yield is published.
Source: Bank of Zambia, Public Notice: Issuance of Quarter Four Calendar and the Introduction of the 20-Year Government Bond (30 September 2026). Reproduced for convenience; always confirm dates against BoZ's own notices before bidding.