None
DE
Tanzania opens Treasury bills, bonds to all foreign investors
['Kehinde Victor', 'Kehinde Victor Is A Business Journalist', 'Communications Strategist With Experience Reporting On Aviation', 'Energy', 'Finance', 'Public Policy In Nigeria. She Covers How Regulation', 'Capital', 'Institutional Decisions Shape Markets', 'With A Focus On Accountability', 'Governance']
BizWatchNigeria.Ng
Key pointsTanzania has opened its Treasury bills and government bonds to all non-resident investors.
The issuesOpening the government securities market to all foreign investors significantly expands Tanzania’s potential investor base.
What’s being said“The amendments, among other things, permit all non-resident investors to invest in Treasury bills and bonds issued by the Government of the United Republic of Tanzania.”
– Bank of Tanzania:What’s nextThe Bank of Tanzania expects eligible foreign investors to begin accessing Treasury bills and government bonds through approved Central Depository Participants as the amended regulations take effect.
Market participants will also receive further guidance on operational requirements where necessary.