The Bank of Tanzania (BoT) has announced the auction of a 20-year Treasury bond, offering investors an opportunity to secure long-term returns backed by the government.
According to the central bank, the Treasury Bond No. 698 will be auctioned on March 18, 2026, with a maturity date of March 19, 2046.
The bond carries a 12 percent annual coupon rate, with interest payments made twice a year on March 19 and September 19.
The minimum investment has been set at Sh1 million, allowing investors to earn TZS60,000 every six months in interest for the duration of the bond if they invest the minimum amount.
BoT said the auction is open to a wide range of investors, including Tanzanian citizens, Tanzanians living in the diaspora, as well as residents from countries within the East African Community (EAC) and the Southern African Development Community (SADC).
Treasury bonds are considered one of the safest investment options as they are issued and guaranteed by the government. They also provide predictable income through fixed interest payments over a specified period.
The central bank encourages interested investors to participate in the auction through licensed financial institutions and the Central Depository System (CDS) to take advantage of the long-term investment opportunity.
