Ministry of Finance Targets ETB 134 Billion in Q2 Domestic Borrowing

Ethiopia's Ministry of Finance has released its treasury bill auction calendar for the second quarter of the 2019 Ethiopian Fiscal Year. The plan targets a gross issuance of ETB 133.97 billion, scheduled across six auctions running from October 14 to December 23, 2026. This borrowing strategy marks a strategic shift in domestic debt management, emphasizing a recalibration towards long-term securities. The issuance is part of the government's broader fiscal policy to optimize domestic debt and ensure sustainable financing throughout the quarter. Investors and market analysts are monitoring these auctions as they signal the administration's approach to managing public debt and liquidity levels.