Treasury Bonds Auction (15 September 2021) 5-Year Fixed Rate
ISIN: TZ1996104042
1. Issuer |
United republic of Tanzania |
2. Amount |
Competitive Non – Competitive TZS 116.37 Billion TZS 0.64 Billion |
3. Auction Date |
Wednesday 15 September 2021 |
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 made available on the Bank’s Website and at the Depository Participant’s offices immediately after the auction. |
8. Settlement Date |
16 September 2021 (T+1) |
9. Coupon |
Fixed at 9.18% p.a. |
10. Redemption Date |
16 September, 2026 |
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 17 September 2026
First Interest Date: 17 March Second Interest Date: 16 September |