The Bank of Tanzania has announced a significant investment opportunity through the issuance of a 10-year fixed-rate Treasury bond. This issuance, designated as Issue No. 699 under Auction No. 01, is aimed at raising capital for government financing while offering investors a stable and tax-efficient return on investment.
The bond is scheduled for auction on April 15, 2026, and will mature on April 16, 2036. As a long-term government security, it is structured to attract investors seeking both stability and predictable income.
Offering an annual coupon rate of 10.50 percent, the bond provides semi-annual interest payments, which will be distributed every April 16 and October 16. This consistent payout schedule enhances its appeal for investors looking for regular income streams.
To ensure broader participation, the minimum investment amount has been set at TZS 1,000,000. This allows a diverse group of participants, including individuals, financial institutions, and corporate investors to take part in the opportunity. The bidding process is conducted online through Central Depository Participants (CDPs). Interested investors must submit their bids before the auction closes at 11:00 a.m. on the auction date.
Following the primary auction, the bonds will be listed on the Dar es Salaam Stock Exchange. Secondary market trading is scheduled to commence on Friday, April 17, 2026, providing liquidity for investors who may wish to buy or sell their holdings before the ten-year maturity period expires.
Participation has also been extended beyond national borders. Investors from member states of the East African Community (EAC) and the Southern African Development Community (SADC) along with Tanzanian citizens living abroad, are eligible to invest.
One of the most attractive features of this Treasury bond is that the interest income is exempt from withholding tax, maximizing the net return for investors.
The Bank of Tanzania, through this initiative, is further widening access to investment opportunities and supporting greater financial inclusion.
Tanzania continues to reinforce its domestic capital market while securing long-term funding for key development priorities. Treasury bonds are a suitable choice for investors who value capital security and consistent returns.
