Thursday, December 29, 2011

Mnada wa Hazina Haukuzaa Matunda!

Kwa wanaoelewa habari ya Bonds, hii habari inatisha. Yaani Benki kuu wameuza bonds chini ya asilimia 5% tu!

DAR ES SALAAM (Reuters) - A Tanzanian 10-year Treasury bond auction was hugely undersubscribed on Wednesday, with the central bank selling less than 5 percent of the amount of bonds on offer.

The Bank of Tanzania had offered 20 billion shillings of the fixed-rate Treasury bonds with an 11.44 percent coupon.

It received bids worth just 0.926 billion shillings and accepted all of them, making the auction one of the country's worst bond sales in recent history.

The central bank said the weighted average yield to maturity in the auction was 16.9791 percent.
The central bank rejected all bids at a Treasury bond sale on December 15 for the second time in four months as investors sought high yields that the bank was unwilling to pay.

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