Tanzania’s two-year Treasury bond yield falls to 8.09%

Tuesday 10th November 2026

By inAfrika Newsroom

The weighted average yield on Tanzania’s two-year Treasury bond fell to 8.0919% at the 4 November auction, down from 8.4033% at the previous sale of the same maturity. The Bank of Tanzania published the figures in its weekly financial markets report on 9 November.

Investors offered TZS 394.94 billion for the TZS 138.95 billion on offer, about 2.84 times the amount available. The central bank allotted TZS 136.94 billion and accepted 44 of the 75 bids. The figures distinguish the value of orders submitted from the amount actually allotted.

Banks put in just over half the value of bids and received TZS 135.44 billion, or 98.9% of the allotment. Collective investment schemes submitted 44.34% of the value of bids but received no allotment. Insurers took the remaining TZS 1.5 billion.

The bond carries a fixed 9.5% coupon, the interest rate applied to its face value. Accepted bidders paid a weighted average price of TZS 102.2098 for every TZS 100 of face value. Paying above face value reduces the yield to maturity because investors receive the face value when the bond is redeemed.

In the same week, the shilling ended at TZS 2,640.44 per US dollar, little changed from TZS 2,640.73 a week earlier. Trading between banks in the foreign exchange market fell to $19.10 million from $58.50 million, according to the central bank.

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