289.93bn/- Offered in Treasury Bond Auction on August 5

TLDR

• On August 5, the Bank of Tanzania offered 289.93bn/- through the reopening of a 25-year treasury bond carrying a 13.25 per cent annual coupon.
• The minimum successful price increased to 113.7770 from 109.2979 in the June auction.
• Post-split trading is scheduled to begin on August 24.
• Cum-split trading is expected to continue through August 19, followed by a two-day suspension before post-split trading resumes on August 24.
• The Bank accepted bids worth 289.93bn/-, equivalent to 23.28 per cent of total bids received.