First Discount House

RBM Bills

  • Short term securities issued by the Reserve Bank Of  Malawi for monetary policy operations
  • Bills issued in tenors of 63 and 91 days.
  • Primary auction done every Tuesday and settlement effected every Thursday
  • FDH licensed to sell bills in bits to individual and corporate clients from a minimum of K100,000.00
  • Free of default risk because they are obligations by the central bank
  • High degree of liquidity, can easily be converted into cash at a low transactional cost.
  • d and Offer prices displayed in key daily papers and firm quotes available from dealers on request every working day.

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Umoyo House, No. 8 Victoria Avenue North, Blantyre, Malawi +2651820219 info@