What short-term birr costs.
What the government pays to borrow, what banks charge each other, and how the National Bank manages the cash in the system.
5.36%
The treasury bill yield at the last auction on 16 Sept 2026, down from a peak of 18.35% in 2025.
- 5.361%Treasury billsWeighted average yield, 16 Sept 2026Every National Bank auction: what was offered, what the market bid, and the yield that cleared.
- 0.64%Interbank marketAverage rate across 4,863 tradesVolumes and rates where Ethiopian banks lend birr to each other, broken down by tenor.
- 59Open market operationsAuctions recorded, latest 29 Oct 2026The deposit-taking auctions the National Bank uses to drain or add birr liquidity.