Treasury to issue K20bn 3-year note - The Nation Online

Treasury to issue K20bn 3-year note - The Nation Online: Treasury to issue K20bn 3-year note Orama Chiphwanya August 21, 2018 0 Comments Treasury will on Thursday issue a K20 billion three-year Treasury Note which will later be listed on the Malawi Stock Exchange (MSE) to refinance rising domestic debt. The Treasury Note—a government debt security with a fixed interest rate and a maturity of between one and 10 years—will be issued at a coupon (interest) rate of 14 percent, which is above the inflation rate currently at 8.6 percent