Pre-launch. Ophir Markets is not yet licensed and live trading is not available. Nothing on this site is an offer of securities. Prices shown are for practice and information only. Read the disclosures.
Learn · Calculators
Treasury bills and government bonds
See how a Treasury bill’s price follows from its rate, what you receive at maturity after fees and tax, and how a bond’s price, accrued interest and duration work. Ophir Markets does not offer these investments yet; this page is for learning.
- Face value at maturity
- K10,000.00
- You pay (consideration)
- K8,698.76
- Fee
- K86.99
- Discount income
- K1,301.24
- Withholding tax
- K195.19
- Paid to you at maturity
- K9,804.81
- Net return
- K1,019.06
- Yield (annualised)
- 15.0000%
- Net yield after fee and tax
- 11.6309%
- Price per K100 of face
- 86.987607
- Maturity
- 2027-11-08 (364 days)
Estimate for learning only. Not an offer, a quote or advice. The quotation convention, fees and withholding tax for each issue must be confirmed with the Bank of Zambia or a licensed dealer; auction allocations are never guaranteed and returns are not promised.