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The Bank of Tanzania (BoT) has reopened a 10-year Treasury bond, offering investors a fixed annual coupon of 11.25 percent as the government continues to use domestic and international capital markets to finance its spending needs.
The Treasury Bond No. 711 will be auctioned on September 2, 2026, with the bond scheduled to mature on July 23, 2036, according to an auction notice issued by the central bank.
The fixed coupon will be paid twice a year, on January 23 and July 23, providing investors with regular income throughout the life of the security.
The minimum investment has been set at TZS 1 million, opening participation to both individual and institutional investors.
The BoT has also confirmed that non-resident investors are eligible to participate in the auction.
Investors buying the reopened bond will, however, have to account for accrued interest of TZS 1.2945 for every TZS 100 of the bond.
The reopening gives investors an opportunity to access a government-backed, longer-term fixed-income instrument while providing the government with another avenue to mobilise financing through the Treasury securities market.
Treasury bonds are among the government's key borrowing instruments and are also used to deepen the domestic capital market by providing investors with securities of different maturities and returns.
The 10-year tenor may appeal particularly to investors seeking longer-term income and exposure to government securities, although actual investment returns will depend on the price at which the bond is acquired in the auction and prevailing market conditions.
The BoT has advised prospective investors to review the detailed auction terms and submit bids through authorised channels.
The auction is part of the central bank's regular programme of issuing and reopening government securities to support government financing and provide investment opportunities in the financial market.