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Eswatini Treasury Bills & Bond Market

Live Eswatini government Treasury Bill auction rates, amounts offered and allotted, settlement dates and maturity dates from the central bank.

Official source: Central Bank of EswatiniLast rate update: Aug 5, 2026Currency: SZL
The latest official observation is older than this market's normal publication window. It remains visible as historical data while the next source release is checked.

Current Government Securities Yields

Latest weighted auction yields by instrument and maturity. Coupon rates and prices are not substituted for market yields.

T-Bill · 91-day
7.0000%
As of Aug 5, 2026
T-Bill · 182-day
8.4000%
As of Aug 5, 2026
T-Bill · 273-day
8.8500%
As of Aug 5, 2026
T-Bill · 364-day
9.0250%
As of Aug 5, 2026

Recent Auction Results

Dated primary-market results from Central Bank of Eswatini auction results. Amounts are shown in millions of SZL.

Auction dateInstrumentTenorYieldOfferedAllotted
Aug 5, 2026T-Bill91-day7.0000%10m SZL14.1m SZL
Aug 5, 2026T-Bill182-day8.4000%20m SZL19.8m SZL
Aug 5, 2026T-Bill273-day8.8500%30m SZL35.9m SZL
Aug 5, 2026T-Bill364-day9.0250%30m SZL41.2m SZL
Jul 15, 2026T-Bill182-day8.4500%20m SZL20.3m SZL
Jul 15, 2026T-Bill91-day7.1000%10m SZL16.8m SZL
Jul 15, 2026T-Bill273-day8.8500%30m SZL12.5m SZL
Jul 15, 2026T-Bill364-day8.9750%30m SZL52.8m SZL
Jun 2, 2026T-Bill91-day7.1000%10m SZL14m SZL
Jun 2, 2026T-Bill182-day8.4000%20m SZL20.1m SZL
Jun 2, 2026T-Bill273-day8.8500%30m SZL41.8m SZL
Jun 2, 2026T-Bill364-day9.0500%30m SZL47.2m SZL
May 20, 2026T-Bill91-day7.1000%10m SZL16.3m SZL
May 20, 2026T-Bill182-day8.4000%20m SZL20.3m SZL
May 20, 2026T-Bill273-day8.8500%30m SZL0.2m SZL
May 20, 2026T-Bill364-day9.0500%30m SZL29.5m SZL

Source: Central Bank of Eswatini auction results.

How the Eswatini Government Securities Market Works

The Central Bank of Eswatini auctions four standard Treasury Bill tenors: 91, 182, 273 and 364 days. Results include both the average discount rate and the average competitive yield.

The lilangeni is pegged at par to the South African rand under the Common Monetary Area, but Eswatini government securities remain domestic obligations quoted in SZL.

Local terminology: Treasury Bills · average competitive yield · lilangeni · Common Monetary Area.

Eswatini Government Securities FAQ

What are the current Eswatini Treasury bill and bond rates?

Eswatini government-security observations as of Aug 5, 2026 are: 91-day 7.0000%, 182-day 8.4000%, 273-day 8.8500%, 364-day 9.0250%. These are dated primary-market yields from Central Bank of Eswatini, not indicative rates entered manually by Mansa Markets.

Who issues government securities in Eswatini?

Central Bank of Eswatini publishes or administers the official government-securities results used on this page. Instruments are denominated in SZL, and Mansa Markets retains the official auction date with every validated observation.

What do Eswatini Treasury bill and bond terms mean?

Eswatini market terminology includes Treasury Bills · average competitive yield · lilangeni · Common Monetary Area. Treasury bills are short-term government instruments, while government bonds have longer maturities. Coupon rates, prices and weighted auction yields are different measures and are not substituted for one another on this page.

How often are Eswatini government-security rates updated?

Mansa Markets checks Central Bank of Eswatini auction results on its official publication schedule and updates this page after a new release passes validation. The “Last rate update” date reflects the underlying auction observation rather than a website deployment or page request.

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