How to Invest in GRZ Government Bonds Treasury Bond Calculator
Learn how to invest in Zambian government bonds and calculate your potential returns. Get step-by-step guidance on buying GRZ treasury bonds and earning guaranteed income.
Enter Bond Details
What You'll Receive
Investment Summary
| Your Investment | K0.00 |
| Bond Period | 0 years |
| Interest Rate | 0% per year |
| Number of Payments | 0 payments |
| Annual Income | K0.00 |
| Total Return Percentage | 0.00% |
| Total Interest You'll Earn | K0.00 |
| Your Investment Back | K0.00 |
| Total You'll Receive | K0.00 |
How to Invest in Zambian Government Bonds (GRZ Treasury Bonds 2025)
Step-by-Step Guide to Buy GRZ Government Bonds
- Open a CSD Account: Visit any commercial bank in Zambia (Standard Chartered, Zanaco, FNB, etc.) to open a Central Securities Depository (CSD) account. This is mandatory for all government bond investments.
- Minimum Investment: You need at least ZMW 5,000 to start investing in government bonds. This makes it accessible for most Zambians.
- Choose Your Bank: Select an authorized dealer bank. Popular options include Standard Chartered, Zanaco, FNB, Stanbic, and Access Bank.
- Submit Your Bid: During auction periods (usually weekly), submit your competitive or non-competitive bid through your bank.
- Payment & Settlement: If successful, pay for your bonds. The bank will handle settlement through the CSD system.
- Receive Interest Payments: Get semi-annual interest payments directly to your bank account every 6 months.
- Maturity Repayment: Receive your full principal amount back when the bond matures (2, 3, 5, 7, 10, or 15 years).
• Auction Schedule: Government bonds are auctioned every Tuesday
• Tax Benefits: Only 15% withholding tax (lower than bank interest)
• Safety: Backed by the Government of Zambia - very secure investment
• Liquidity: Can be sold on secondary market before maturity
📊 Current Market Rates Reference
Interest rates shown in this calculator are based on typical GRZ bond rates as of June 2025. Actual rates are determined at weekly auctions and may vary.
Latest Results: Bank of Zambia Bond Auction Results (May 2025)
GRZ Bond Investment Strategy
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🏦 Start with ZMW 5,000
Minimum investment amount makes government bonds accessible to most Zambians -
📅 Weekly Auction Opportunities
New bond issues every Tuesday - multiple chances to invest each month -
💰 Higher Returns than Savings
Government bonds typically offer better rates than bank savings accounts -
🔒 Government Guaranteed
Safest investment in Zambia - backed by Republic of Zambia -
💸 Steady Income Stream
Predictable income every 6 months for budgeting and planning -
🔄 Flexible Investment
Can be sold on secondary market if you need money before maturity
Ready to Start Investing in Government Bonds?
Use our calculator above to see how much you could earn, then follow these next steps to begin your investment journey.
🏦 Contact Your Bank
Visit or call these authorized dealers to open your CSD account:
- • Standard Chartered Bank
- • Zanaco Bank
- • First National Bank (FNB)
- • Stanbic Bank
- • Access Bank
📋 What You'll Need
Required documents for CSD account opening:
- • Valid National ID or Passport
- • Proof of Address (utility bill)
- • Minimum ZMW 5,000 to invest
- • Bank account for interest payments
- • Completed application forms
💡 Pro Tip for New Investors
Start with a 2-3 year bond to get familiar with the process. You can always reinvest when it matures or add more money to longer-term bonds. The key is to start - even ZMW 5,000 can begin generating steady income!