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Tanzania Treasury bills · auction of 29 July 2015

Tanzania T-bill auction, 29 July 2015: 364-day at 14.66%, up 104 bps

At the Treasury bill auction dated 29 July 2015, the Bank of Tanzania cleared the 91-day bill at 8.19% (up 36 basis points), the 182-day bill at 13.85% (up 116 basis points) and the 364-day bill at 14.66% (up 104 basis points). The rate shown is the weighted average yield of successful bids.

The auction was undersubscribed: bids totalled TZS 125.6bn against TZS 160.0bn on offer, 78% of the amount sought, and TZS 71.0bn was accepted.

Over the past year the 364-day rate has ranged from 9.71% to 16.59%.

A year earlier the 364-day bill cleared at 13.83%, so the government is paying 83 basis points more than twelve months ago.

What this means for TZS 1,000,000

Worked from the published rate · information, not advice

TZS 146,566 in 12 months on the 364-day bill

Put TZS 1,000,000 into the 364-day bill at this auction and you get back TZS 1,146,566 after 12 months: TZS 146,566 in interest before any withholding tax, about TZS 12,214 a month.

That is TZS 10,417 more than the same money would have earned at the previous auction.

For shorter money: TZS 69,259 on the 182-day bill (6 months), TZS 20,464 on the 91-day bill (3 months).

The government pays the full amount at maturity; the risk is Tanzania’s government not paying, and the money is locked until then.

Kwa Kiswahili

Ukiweka TZS 1,000,000 kwenye hati ya siku 364 kwa riba ya mnada huu, utarudishiwa TZS 1,146,566 baada ya miezi 12: riba ya TZS 146,566 kabla ya kodi yoyote ya zuio, yaani takriban TZS 12,214 kwa mwezi.

Hiyo ni TZS 10,417 zaidi ya kiasi ambacho pesa hiyo hiyo ingepata kwenye mnada uliopita.

Serikali hulipa yote mwishoni mwa muda; hatari ni serikali kushindwa kulipa, na pesa haipatikani hadi muda uishe.

Results

By tenor

TenorRatePreviousOfferedBidsAccepted
91-day8.186%7.823%TZS 18.00bnTZS 10.93bnTZS 930m
182-day13.852%12.692%TZS 62.00bnTZS 26.40bnTZS 16.30bn
364-day14.657%13.615%TZS 80.00bnTZS 88.22bnTZS 53.77bn

Source: Bank of Tanzania result · weighted average yield of successful bids

Cite or reuse this data

Free to quote, chart and republish with the credit “Source: Afronomics, compiled from the Bank of Tanzania” and a link to this page.

Afronomics (2026). Tanzania Treasury bill auction, 29 July 2015, compiled from the Bank of Tanzania. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/tanzania/2015-07-29

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