The Bank of Tanzania (Central Bank) offers Treasury Bills in an interval of two weeks and Treasury Bonds for investment. Auctions are conducted at regular interval through a competitive tender process in the primary Market. The issued Government Securities (bonds) are listed in the Dar es Salaam Stock Exchange where secondary trading takes place.
Treasury Bills are short-term securities maturing within a year. In the Primary Market, the Bank of Tanzania [BOT] issues T-bills for the first time on a fortnight basis.
BOT issues on T-bills in four categories with maturities as follows:
35 days T-bills
91 days T-bills
182 days T-bills
364 days T-bills
Treasury Bonds are long-term securities with maturity longer than a year. In the Primary Market, the Bank of Tanzania [BOT] issues T-bonds at regular interval [on monthly basis], there after sales and purchases of T-bonds are traded in the Secondary Market [at Dar es Salaam Stock Exchange].
BOT issues different categories of T-bonds maturities:
2 year T-bonds
5 year T-bonds
7 year T-bonds
10 year T-bonds
15 year T-bonds
20 year T-bonds