Tanzania Treasury bills · auction of 3 March 2021
Tanzania T-bill auction, 3 March 2021: 364-day at 5.91%, up 17 bps
At the Treasury bill auction dated 3 March 2021, the Bank of Tanzania cleared the 364-day bill at 5.91% (up 17 basis points). The rate shown is the weighted average yield of successful bids.
The auction was fully subscribed: bids totalled TZS 72.7bn against TZS 71.0bn on offer, 102% of the amount sought, and TZS 69.7bn was accepted.
At 5.91%, the 364-day rate is the highest in the 23 auctions of the past year.
A year earlier the 364-day bill cleared at 5.70%, so the government is paying 21 basis points more than twelve months ago.
What this means for TZS 1,000,000
Worked from the published rate · information, not advice
TZS 59,128 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 1,059,128 after 12 months: TZS 59,128 in interest before any withholding tax, about TZS 4,927 a month.
That is TZS 1,684 more than the same money would have earned at the previous auction.
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 1,059,128 baada ya miezi 12: riba ya TZS 59,128 kabla ya kodi yoyote ya zuio, yaani takriban TZS 4,927 kwa mwezi.
Hiyo ni TZS 1,684 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 |
|---|---|---|---|---|---|
| 364-day | 5.913% | 5.744% | TZS 71.00bn | TZS 72.68bn | TZS 69.68bn |
Source: Bank of Tanzania result · weighted average yield of successful bids
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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, 3 March 2021, compiled from the Bank of Tanzania. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/tanzania/2021-03-03
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