7.82% 2-YEAR FIXED RATE TREASURY BOND ISSUE 284
AUCTION 01 TO BE HELD IN AUGUST 22, 2012
An opportunity to invest in the United Republic of Tanzania 2-year fixed rate Treasury bonds.
The Bank of Tanzania as a fiscal agent for the United Republic of Tanzania invites bids for the above
bond. Terms and conditions for this bond are as follows:
1. Issuer
2. Amount
3. Procedure for bidding
4. Auction date
5. Settlement date
6. Form of issuance
7. Auction results
8. Price per TZS 100
9. Minimum bid size
10. Interest payment date
11. Coupon
12. Day count convention
13. Tax
14. Currency
15. Redemption date
16. Listing
17. Trading
18. Defaulters
United Republic of Tanzania
TZS 43.0 billion
Tender forms should be submitted and placed in boxes located at the
reception area of the Head Office, 10 Mirambo Street Dar es Salaam or in
the Bank's Branches in Mwanza, Arusha, Mbeya and Zanzibar before
11.00 a.m on auction date
August 22, 2012
August 23, 2012 (T+1)
Book entry system
Auction results shall be made available at the Bank's Head Office and
Branches' Notice Boards located at the Reception area and on the Bank's
Website immediately after the auction.
To be quoted at premium, par or discount to four (4) decimal places.
TZS 1,000,000 when bidding through Primary Dealers and TZS 5,000,000
for direct bidders, in multiples of TZS 100,000
First interest date: 21st February
Second interest date: 23rd August
Fixed at 7.82% p.a.
Actual/365
Interest income is subject to 10% withholding tax
Tanzania Shillings (TZS)
23rd August 2014
The bonds will be listed on the Dar es Salaam Stock Exchange
Secondary trading in multiples of TZS 100,000 to commence on Tuesday
August 28, 2012.
Successful bidders who fail to honour their obligations on time will be
disqualified from participating in the subsequent auctions for a minimum
period of one (1) month
The Bank of Tanzania reserves the right to accept or reject any or all applications
For further details please contact Domestic Markets Department, Bank of Tanzania, 10 Mirambo
Street, P.O. Box 2939, Dar es Salaam (Tel: 2233529-30; Fax :2234049) and
Bank of Tanzania (BOT): Home Page : Benki Kuu ya Tanzania