1.     Issuer

 

2.     Maturities/Amount

 

 

 

 

3.     Auction date

 

4.     Procedure for bidding

 

 

 

 

 

 

5.     Price per TZS 100

 

6.     Minimum bid size

 

 

7.     Auction results

 

 

 

 

8.     Settlement date

 

9.     Form of issuance

 

10. Redemption date

 

 

 

 

11. Tax

 

12. Currency

 

13. Defaulters

United Republic of Tanzania

Competitive                 Non-Competitive 35 days up to TZS               1,000 Million               100 Million

91 days up to TZS.              3,000 Million                100 Million 182 days up to TZS           33,000 Million                 200 Million 364 days up to TZS         104,000 Million                300 Million

 

Wednesday 14th November 2018

 

Bids will be submitted online through Central Depository Participants (CDPs)

and the process will be closed at 11.00 a.m on the auction date

 

 

 

 

To be quoted at a discount to four (4) decimal places

 

TZS 500,000 in multiples of TZS 10,000

 

 

Auction results shall be made available on the Banks Website and at Central Depository Participants offices immediately after the auction

 

 

 

Thursday 15th November 2018 (T+1)

 

Book entry system

 

Redemption dates: 35 – Day 20th December 2018 91 – Day 14th February 2019

182 – Day 16th May 2019

364 – Day 14th November 2019

 

Interest income is subject to 10% withholding tax

 

Tanzania Shilling (TZS)

 

Successful bidders who fail to honor their obligations on time will be disqualified from participating in the subsequent auctions for a minimum period of one (1) month