The 2-year Treasury bond yield in Tanzania decreased to 8.0919% in the week to 6 November 2026, down from 8.4033% at the previous auction of the same tenor. The Bank of Tanzania released the figures on 9 November 2026 in its Domestic Financial Markets Weekly Report. This report brings together foreign exchange market, money market and government securities data for the week.
The 9.5% 2-year Treasury bond No. 712, maturing on 30 July 2028, attracted 75 bids at the auction held on 4 November 2026. Of these, 44 were successful. Investors tendered TZS 394.94 billion against an offered amount of TZS 138.95 billion, resulting in an oversubscription of TZS 255.99 billion and a bid-to-cover ratio of 2.84x.
The total allotment at the auction reached TZS 136.94 billion, with banks submitting 52.92% of subscriptions and taking almost the entire allotment at TZS 135.44 billion. Collective Investment Schemes accounted for 44.34% of subscriptions but received no allotment, while Insurance Companies submitted 2.74% of subscriptions and were allotted TZS 1.50 billion.
Outstanding Government Securities in Tanzania stood at TZS 34,377.78 billion, comprising Treasury bonds worth TZS 30,966.42 billion and Treasury bills worth TZS 3,411.36 billion. Banks held the largest share of that stock at 33.97%, worth TZS 11,678.76 billion, followed by Pension Funds at 29.90%, worth TZS 10,278.63 billion.
The shilling held steady over the week, appreciating 0.01% to close at TZS 2,640.44 against the US dollar. Turnover on the Interbank Foreign Exchange Market fell sharply to USD 19.10 million from USD 58.50 million a week earlier. Retail foreign exchange transactions decreased to USD 604.10 million from USD 713.39 million recorded across the commercial banks in the previous week.
The mining sector’s retail turnover nearly halved to USD 77.23 million from USD 150.96 million a week earlier, driven by a drop in its foreign currency purchases to USD 58.54 million. Daily retail foreign exchange transactions averaged USD 132.91 million over the past month, with sales averaging USD 63.68 million and purchases averaging USD 69.23 million.
The Bank of Tanzania onboarded 4,549 new clients in the current fiscal year, lifting the total number of registered investors in government securities to 36,051. The next government securities auction is scheduled for Wednesday 11 November 2026, when a 10-Year Treasury bond will be offered in line with the issuance calendar. The Monetary Policy Committee maintained the Central Bank Rate at 6.25% for the fourth quarter of 2026, with GDP growth projected at 7.2% for the quarter.
Key points
- The 2-year Treasury bond yield decreased to 8.0919% in the week to 6 November 2026.
- The shilling remained steady at TZS 2,640.44/USD over the week.
- The Bank of Tanzania onboarded 4,549 new clients in the current fiscal year.
