Govt faces K355bn debt refinancing

RBM Tightens Grip: K145bn Treasury Decision Impacts Malawi's Economic Landscape

Key Business Points Government sharply cutting costly borrowing, rejecting all Treasury Bill bids to reduce debt payments Credit availability may improve for Malawian businesses as public borrowing eases crowding-out effect […] The post RBM Tightens Grip: K145bn Treasury Decision Impacts Malawi’s Economic Landscape appeared first on Business Malawi.

Govt faces K355bn debt refinancing

Treasury could be heading into a high-stakes domestic refinancing cycle this month with Treasury bills (T-bills) maturities exceeding K355 billion in February alone, according to Reserve Bank of Malawi (RBM) data. The maturities are clustered within four weeks of K48.7 billion, K81.4 billion, K126.8 billion and K98.1 billion, creating concentrated rollover pressure in a single month. At current yields, refinancing the instruments will come at el…

Reserve Bank of Malawi rejects K145bn Treasury bills bids

The Reserve Bank of Malawi (RBM) has rejected bids worth K145.58 billion at its Treasury Bill (T-bill) auction held during the week ending February 6, 2026 in a push seen to rein in costly borrowing. RBM conducted auctions across all three maturities—the 91-day, 182-day and 364-day tenors—but turned them all down, resulting in zero funds raised during the period under review. Figures from the auction, contained in the Bridgepath Capital’s Weekly…