The Bank of Tanzania BOT will conduct an auction market, to sell 2 years Treasury Bonds, on 13 this Month which yields a 7.82% interest rate (coupon rate) p.a fixed, settlement date is expected to be on 14th this month,(T+!). The first interest is expected to be on 13th December 2012 and the second on 14th June 2013, with counting of actual/365, and a redemption date on 14 June 2014,.
Secondary trading in multiples of TZS 100,000 to commence on Tuesday is on June 19, 2012.
more on:http://www.bot-tz.org/FinancialMarkets/TBonds/TBondCallforTender/2012-JUNE-13-TBOND.pdf
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