THE Bank of Zambia (BoZ) has announced the introduction of new benchmark bonds as part of measures to develop and promote the government securities market. BoZ says the three-year government bond will no longer hold benchmark status, adding that while the five-year government bond retains its benchmark status, it will not be issued for the remainder of 2026, as it has already reached its critical mass. A benchmark bond is usually government-issued security that serves as a standard reference point for evaluating the risk, return and pricing of other bonds. In a statement, Wednesday, BoZ Assistant Director of Communications Besnat Mwanza indicated that BoZ would commence the reopening of benchmark bonds in April 2026 to achieve the minimum target size...