Exim Bank Limited Bond (Exim bond)

Exim bank Bond was the first retail bond to be listed in Dar es Salaam Stock Exchange Plc and the first Exchange traded retail bond in the Eastern African Community (EAC) and Southern Africa Development Corporation (SADC) Blocs.

The six years bond was listed on February 2016 being oversubscribed by almost 100 percent having carried a 15.56% interest rate per annum.

National Microfinance Bank Bond (NMB Bond)

In 2016 Capital Markets Securities Authority approved NMB’s bond of about Tzs 200 bln to be sold in tranches and floated 20 bln three years bond with 13% interest rate being the first tranche listed in the Exchange on July 2016, the remaining balance continued to be sold in tranche two and three in 2017 and 2019 respectively having all been oversubscribed by over 100 percent.

The bond was the second listed retail bond in the Dar es Salaam Stock Exchange Plc.

Tanzania Mortgage Refinancing Company Limited Bond (TMRC Bond)

Being the first Asset Backed Security (ABS) issued in the EAC regional capital markets, after approval from the Capital Markets Authority (CMSA) in respect of 120 billion Tzs medium term notes to be issued in tranches, TMRC issued a five years Medium Term Note (MTN) of 12 billion being the first tranche which was oversubscribed by 4.3% and listed in the Exchange in June 2018.

The second tranche issued of about 8 billion Tzs oversubscribed by 16 percent and was listed on July 2019.

Government Bonds (BOT)

The Tanzania’s central Bank’s Treasury bonds are actively traded in the Dar es Salaam Stock Exchange Plc. After weekly auctions the bonds are immediately listed in the Exchange ready for secondary trading. The exchange provides a platform for secondary trading from 2 years bonds to 20 years bonds.