The Bank of Tanzania published a public notice to enhance pricing transparency in Government of Tanzania Treasury bond auctions, introducing new bid submission requirements aimed in particular at bond re-openings. From 2 April 2025, investors must specify the clean price, accrued interest and the resulting settlement (dirty) price in their bids. Accrued interest will be set out in the Call for Tender for each auction, which will be published one week before the auction, while the Bank will continue to process bids and determine auction results based on the clean price. A revised bid application form has been made available on the Bank of Tanzania’s website.
Bank of Tanzania 2025-03-21
Bank of Tanzania mandates clean price and accrued interest disclosure in Treasury bond auction bids from 2 April 2025
The Bank of Tanzania announced new bid submission requirements for Treasury bond auctions to improve pricing transparency, effective 2 April 2025. Investors must specify the clean price, accrued interest, and resulting settlement price in their bids. Accrued interest details will be provided in the Call for Tender published a week before each auction.