Tanzania’s 20-year bond yield falls to 10.52% at auction

EconomyFinanças

Wednesday 4th November 2026

Bank of Tanzania twin towers in Dar es Salaam photographed in October 2007; historical file photograph — Bank of Tanzania buildings in Dar es Salaam, October 2007. Historical file photograph; it does not depict the October 2026 auction. Photo: Fanny Schertzer, via Wikimedia Commons, CC BY 2.5.

By inAfrika Newsroom

Tanzania’s 20-year Treasury bond yield fell to 10.5214% at the 28 October auction, from 11.3306% at the preceding sale of the same maturity, according to the Bank of Tanzania’s latest weekly report.

The report for 26–30 October, published on 2 November, records TZS1,033.09 billion in bids against TZS363.01 billion offered. The bank allotted TZS336.62 billion, accepting 861 of 1,356 bids.

Bids were 2.85 times the amount offered. The weighted average price was TZS114.2114 per TZS100 of face value; the bond carries a 12.25% coupon. The coupon is the stated interest rate; the yield to maturity also reflects the price paid and repayment at maturity.

The shilling’s indicative mean rate closed the week at TZS2,640.73 per US dollar, compared with TZS2,636.74 on 23 October, a depreciation of 0.15%. These are end-of-week indicative rates, rather than live customer quotations.

Retail foreign-exchange turnover increased to $713.39 million from $575.68 million in the preceding week. Trade, mining, and oil and energy accounted for $421.38 million of that total, the central bank said.

The seven-day interbank cash-market rate closed at 6.55%, down from 6.59%. Its weighted average over the week was 6.38%, compared with the central bank’s 6.25% policy rate.

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