Government to buy back K40.7 billion securities - The Times Group Malawi: he government will from Thursday buy back securities worth K40.7 billion from individual and institutional investors as a public debt management strategy.
The move is, however, likely to fuel a sharp surge in money supply which could trigger inflation.
According to the Reserve Bank of Malawi, the reverse auction will take place in two tranches with the Thursday auction targeting K20.7 billion and another auction slated for December 5 targeting K20 billion worth of securities.
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