The bond surpassed expectations by achieving 661.1 percent of its fundraising target. While the company had initially sought to raise Sh5 billion, investors subscribed to more than Sh33 billion.
By
The Citizen Reporter
Media/news company
Mwananchi Communications Limited
Dar es Salaam. Efforts to address Tanzania’s housing deficit have received a major boost after First Housing Finance Limited’s MAKAZI bond raised more than Sh33.08 billion, significantly exceeding its initial target and signalling strong investor confidence in the country’s capital markets.
The Makazi Bond issued by First Housing Finance (FHF) Tanzania and arranged by Stanbic Bank Tanzania has recorded a 661 percent…
The offer opened on February 10, 2026 and closed on March 16, 2026, attracting strong participation from both retail and…
The mortgage refinancer’s green bond has a 5.1-year average weighted life, implying that note holders will have the principal…
KMRC targets a third bond tranche in 2028 after its Sh3bn green bond was oversubscribed, signaling strong demand for affordable…
Tanzania’s corporate bond market has crossed the Sh2 trillion mark, marking a structural milestone in the country’s capital…
KMRC’s Sh3 billion sustainability bond, heavily oversubscribed and listed on the NSE, is set to expand affordable and green…
