On Monday, 6th December 2021, the Malawi Stock Exchange held a listing event at which 26 Malawi Government treasury notes with a face value of K787.13 billion were listed on the debt platform on the Malawi Stock Exchange. This follows the successful capital raising of the same in the primary market where investors subscribed to the securities through various auctions that were held by the Reserve Bank of Malawi. The listing brings the total number of listed government debt securities to 44 from 18 securities. The listing will provide a secondary market for the debt securities which is bound to improve liquidity, facilitate price discovery and aid development of a government yield curve. The listing will also foster financial inclusion considering that the minimum amount to invest in the listed debt securities is only K1,000.00.
The Guest of Honour at the event was the Reserve Bank of Malawi Governor, Dr. Wilson T. Banda.