
Treasury Bond Auction(09 July 2025) 2-Year Fixed Rate
ISIN: TZ1996105668
The Bank of Tanzania invites bids for the above bond, which will be issued on 09 July 2025.
1. Issuer |
United Republic of Tanzania |
2. Amount |
Competitive Non-Competitive TZS 105.35 Billion TZS 11.7 Billion |
3. Auction Date |
09 July 2025 |
4. Procedure for Bidding |
Bids will be submitted online through Central Depository Participants, and the process will be closed at 11:00 A.M on the auction date. |
5. Price per TZS 100 |
To be quoted at a discount to four (4) decimal places. |
6. Minimum bid size |
TZS 1,000,000 in multiples of TZS 100,000 |
7. Auction Results |
Auction results shall be available on the Bank’s Website and at the Depository Participant’s offices immediately after the auction. |
8. Settlement Date |
10 July 2025 (T+1) |
9. Coupon |
Fixed at 12% p.a. |
10. Redemption Date |
10 July 2027 |
11. Tax |
Interest Income Is Exempted from Withholding Tax |
12. Currency 13. Day count convention 14. Trading
15. Interest Payment Date |
Tanzania Shillings (TZS) Actual/365 Secondary trading in multiples of TZS 100,000 to commence on Friday, 11 July 2025 Semi-annually from the issue date First Interest Date: 10 January Second Interest Date: 10 July |
16. Defaulters |
Successful bidders who fail to honor their obligations on time will be disqualified from participating in the subsequent auctions for a minimum period of one (1) month |
17. Payment Adjustment |
When Redemption or Interest payment falls on a weekend or public holiday, the payment shall be made on the following business date. |