Tanzania’s central bank said on Monday it will auction a 15-year government bond offering an annual interest rate of 12.75%, in an effort to attract long-term investment from domestic and regional investors.
The bond, designated Auction No. 01, will be available for subscription on Nov. 12, 2025, and will mature on Nov. 13, 2040. Coupon payments will be made twice yearly, on May 13 and Nov. 13, and the minimum investment is TZS 1 million ($405).
Eligible participants include residents of East African Community (EAC) and Southern African Development Community (SADC) countries, as well as Tanzanians living abroad.
The Bank of Tanzania said the initiative aims to expand investment opportunities in the country’s debt market while offering a stable return to investors. Details on participation are available through the bank’s official channels.
Tanzania has been actively promoting bond issuance to finance development projects and deepen its financial markets.
