Tanzania: Short Term Treasury Bills Pick Up

SHORT term maturity treasury bills have started to pick up as a result of a narrow gap between the total amount offered and the sum tendered, the Bank of Tanzania (BoT) Treasury Bills Auction Summary conducted yesterday has revealed.

According to the report, only 2.8bn/- was under subscribed with successful bids landing at 69.3bn/-compared to a whooping of 46.7bn/- recorded in the previous auction.

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