NBE treasury-bill yields

The National Bank of Ethiopia auctions government treasury bills on behalf of the Ministry of Finance. These are the weighted-average yields of accepted bids, as NBE publishes them.

Latest auction: 1012/2026, 16 Sept 2026

TermWeighted averageCut-offAccepted (ETB m)Bid cover
28 days1.958%1.958%1,598.583×
91 days3.235%3.235%3,197.1553.63×
182 days4.932%4.932%4,795.7353.5×
364 days7.597%7.664%6,394.312.74×

Since 7 Aug 2024

21%1%7 Aug 202416 Sept 2026
28-day91-day182-day364-day
AuctionDate28 days91 days182 days364 daysAll terms
1012/202616 Sept 20261.958%3.235%4.932%7.597%5.361%
1010/202619 Aug 20263.516%4.564%5.671%8.72%6.453%
1009/20265 Aug 20264.887%5.53%6.997%9.996%7.692%
1008/202622 Jul 20265.502%7.659%8.806%11.142%9.181%
1007/20268 Jul 20266.932%8.34%9.516%12.394%9.166%
1006/202624 Jun 20267.078%9.016%11.853%14.719%11.669%
1005/202610 Jun 20268.529%9.859%12.461%14.819%12.242%
1004/202628 May 20269.5%10.617%12.753%14.721%12.484%
1003/202613 May 202610.01%11.435%13.977%15.433%13.482%
1002/202629 Apr 202611%12.235%14.218%15.489%13.881%
1001/202615 Apr 202611.475%13.195%15.279%15.765%14.628%
1000/20261 Apr 202611.638%14.369%14.929%15.11%14.542%

All 52 auctions and the auction calendar · Work out what a T-bill pays · How to read an auction result

Announced by NBE without published results: 958/2024 (21 Aug 2024), 960/2024 (18 Sept 2024), 981/2025 (9 Jul 2025), 1011/2026 (2 Sept 2026), 1013/2026 (30 Sept 2026), 1014/2026 (14 Oct 2026). They are left blank rather than filled from other sources.

Source: National Bank of Ethiopia, treasury bills. Figures are reproduced with attribution; NBE documents are not copied.