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Liquidity affecting treasury bills

KALONDE NYATI, Lusaka
GOVERNMENT’S efforts of borrowing on the local money market through issuance of treasury bills has continued to be undermined by tight liquidity, as witnessed in the low subscription last Thursday.
Financial market analysts say treasury bills, which are short-term debt instruments, have since the start of the year been poorly subscribed.http://epaper.daily-mail.co.zm/