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What securities does the National Bank of Ethiopia issue?

The National Bank of Ethiopia — the central bank, which issues government securities (Treasury bills, OMO auctions) and oversees monetary policy.

The National Bank of Ethiopia is the central bank. Besides running monetary policy, it acts as the government's banker, fiscal agent and financial adviser — and in that role it issues the government's securities and manages market liquidity through Open Market Operations (OMO).

It sells Treasury bills (short-term borrowing) through regular auctions on behalf of the Ministry of Finance, in 28, 91, 182 and 364-day maturities, with bids submitted through the Central Securities Depository system; it also established the five-year Treasury bond, sold to banks.

The NBE oversees the Central Securities Depository and has directed that government and NBE securities move to electronic (dematerialised) form.

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Educational information drawn from official ECMA, ESX and NBE documents — not investment or legal advice. For the authoritative, current detail, open the sources above or ask Mehaleq.