Tanzania Treasury bills · auction of 12 August 2015
Tanzania T-bill auction, 12 August 2015: 364-day at 14.56%, down 9 bps
At the Treasury bill auction dated 12 August 2015, the Bank of Tanzania cleared the 91-day bill at 7.94% (down 25 basis points), the 182-day bill at 13.69% (down 17 basis points) and the 364-day bill at 14.56% (down 9 basis points). The rate shown is the weighted average yield of successful bids.
Demand was strong: bids totalled TZS 215.0bn against TZS 132.0bn on offer, 163% of the amount sought, and TZS 158.4bn 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 14.72%, so the government is paying 16 basis points less than twelve months ago.
What this means for TZS 1,000,000
Worked from the published rate · information, not advice
TZS 145,619 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 1,145,619 after 12 months: TZS 145,619 in interest before any withholding tax, about TZS 12,135 a month.
That is TZS 947 less than the same money would have earned at the previous auction.
For shorter money: TZS 68,427 on the 182-day bill (6 months), TZS 19,846 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 1,145,619 baada ya miezi 12: riba ya TZS 145,619 kabla ya kodi yoyote ya zuio, yaani takriban TZS 12,135 kwa mwezi.
Hiyo ni TZS 947 pungufu 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
| Tenor | Rate | Previous | Offered | Bids | Accepted |
|---|---|---|---|---|---|
| 91-day | 7.938% | 8.186% | TZS 15.00bn | TZS 6.40bn | TZS 6.40bn |
| 182-day | 13.685% | 13.852% | TZS 52.00bn | TZS 59.79bn | TZS 52.00bn |
| 364-day | 14.562% | 14.657% | TZS 65.00bn | TZS 148.82bn | TZS 100.02bn |
Source: Bank of Tanzania result · weighted average yield of successful bids
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Afronomics (2026). Tanzania Treasury bill auction, 12 August 2015, compiled from the Bank of Tanzania. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/tanzania/2015-08-12
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