Tanzania Treasury bills · auction of 10 February 2016
Tanzania T-bill auction, 10 February 2016: 364-day at 18.97%, up 17 bps
At the Treasury bill auction dated 10 February 2016, the Bank of Tanzania cleared the 91-day bill at 8.63% (down 21 basis points), the 182-day bill at 17.79% (up 12 basis points) and the 364-day bill at 18.97% (up 17 basis points). The rate shown is the weighted average yield of successful bids.
Demand was strong: bids totalled TZS 219.8bn against TZS 132.0bn on offer, 167% of the amount sought, and TZS 177.0bn was accepted.
At 18.97%, the 364-day rate is the highest in the 26 auctions of the past year.
A year earlier the 364-day bill cleared at 14.17%, so the government is paying 480 basis points more than twelve months ago.
What this means for TZS 1,000,000
Worked from the published rate · information, not advice
TZS 189,723 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 1,189,723 after 12 months: TZS 189,723 in interest before any withholding tax, about TZS 15,810 a month.
That is TZS 1,693 more than the same money would have earned at the previous auction.
For shorter money: TZS 88,935 on the 182-day bill (6 months), TZS 21,575 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 1,189,723 baada ya miezi 12: riba ya TZS 189,723 kabla ya kodi yoyote ya zuio, yaani takriban TZS 15,810 kwa mwezi.
Hiyo ni TZS 1,693 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
| Tenor | Rate | Previous | Offered | Bids | Accepted |
|---|---|---|---|---|---|
| 91-day | 8.630% | 8.838% | TZS 5.00bn | TZS 150m | TZS 150m |
| 182-day | 17.787% | 17.672% | TZS 50.00bn | TZS 76.88bn | TZS 76.88bn |
| 364-day | 18.972% | 18.803% | TZS 77.00bn | TZS 142.76bn | TZS 100.00bn |
Source: Bank of Tanzania result · weighted average yield of successful bids
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Afronomics (2026). Tanzania Treasury bill auction, 10 February 2016, compiled from the Bank of Tanzania. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/tanzania/2016-02-10
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