Financial Markets
  • Treasury Bills Auction Results
  • Treasury Bonds Auction Results
  • Foreign Exchange
  • Repurchase Agreements (REPO)

Benefits of Investing in Government Securities

Treasury bills and Treasury bonds have the following benefits to an investor:

  • Relatively risk free (Credit and Default risks) because they are issued by the Government.
  • Transferable and negotiable.
  • Can be pledged as collateral.
  • The rate of return is competitive.

Standby Credit Facilities

Standby credit facility provides credit facility to commercial banks. Standby credit facility is available to all commercial banks which are Tanzania Inter-bank Settlement System (TISS) participants holding sufficient eligible securities and have signed the Master Repurchase Agreement (MAR). Standby credit facility includes Intraday and Lombard loan facilities.

Intraday facility is a credit facility extended to commercial banks for a period of less than one business day and no interest is charged on the loan extended.

Lombard facility is an overnight-collateralized loan facility extended to commercial banks and is charged interest.