Opportunity for Investors to Lock in 12.25% Annual Coupon Rate
Latest Tanzania finance news · Opportunity for Investors to Lock in 12.25% Annual Coup… explained · updated Aug 17, 2026 · economy news · GDP · investment
TLDR
- The Bank of Tanzania (BoT) has announced the reopening of a 15-year Treasury bond with a fixed annual coupon rate of 12.25 percent.
- The bond, identified as Treasury Bond No. 696, Auction No. 2, will be auctioned on August 19, 2026, and is scheduled to mature on February 19, 2041.
- Investors can participate with a minimum investment of TZS 1 million, and the bond will pay interest twice a year on February 19 and August 19.
- The auction is open to all eligible investors, including foreign nationals, to broaden participation in Tanzania’s government securities market.
- The reopening aims to provide investors with a long-term fixed-income investment option while helping the government access capital for its programs.