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
| Term | Weighted average | Cut-off | Accepted (ETB m) | Bid cover |
|---|---|---|---|---|
| 28 days | 1.958% | 1.958% | 1,598.58 | 3× |
| 91 days | 3.235% | 3.235% | 3,197.155 | 3.63× |
| 182 days | 4.932% | 4.932% | 4,795.735 | 3.5× |
| 364 days | 7.597% | 7.664% | 6,394.31 | 2.74× |
Since 7 Aug 2024
| Auction | Date | 28 days | 91 days | 182 days | 364 days | All terms |
|---|---|---|---|---|---|---|
| 1012/2026 | 16 Sept 2026 | 1.958% | 3.235% | 4.932% | 7.597% | 5.361% |
| 1010/2026 | 19 Aug 2026 | 3.516% | 4.564% | 5.671% | 8.72% | 6.453% |
| 1009/2026 | 5 Aug 2026 | 4.887% | 5.53% | 6.997% | 9.996% | 7.692% |
| 1008/2026 | 22 Jul 2026 | 5.502% | 7.659% | 8.806% | 11.142% | 9.181% |
| 1007/2026 | 8 Jul 2026 | 6.932% | 8.34% | 9.516% | 12.394% | 9.166% |
| 1006/2026 | 24 Jun 2026 | 7.078% | 9.016% | 11.853% | 14.719% | 11.669% |
| 1005/2026 | 10 Jun 2026 | 8.529% | 9.859% | 12.461% | 14.819% | 12.242% |
| 1004/2026 | 28 May 2026 | 9.5% | 10.617% | 12.753% | 14.721% | 12.484% |
| 1003/2026 | 13 May 2026 | 10.01% | 11.435% | 13.977% | 15.433% | 13.482% |
| 1002/2026 | 29 Apr 2026 | 11% | 12.235% | 14.218% | 15.489% | 13.881% |
| 1001/2026 | 15 Apr 2026 | 11.475% | 13.195% | 15.279% | 15.765% | 14.628% |
| 1000/2026 | 1 Apr 2026 | 11.638% | 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.