The Makazi Bond issued by First Housing Finance (FHF) Tanzania and arranged by Stanbic Bank Tanzania has recorded a 661 percent subscription rate, reflecting strong investor appetite for housing...
By
The Citizen Reporter
Media/news company
Mwananchi Communications Limited
Dar es Salaam. The Makazi Bond issued by First Housing Finance (FHF) Tanzania and arranged by Stanbic Bank Tanzania has recorded a 661 percent subscription rate, reflecting strong investor appetite for housing finance instruments and growing confidence in Tanzania’s capital markets.
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The bond surpassed expectations by achieving 661.1 percent of its fundraising target. While the company had initially sought to…
The offer opened on February 10, 2026 and closed on March 16, 2026, attracting strong participation from both retail and…
In the June sale, the higher yield demands were matched by price discounts of Sh2.86 and Sh5.28 per unit of Sh100 on the 15 and…
Tanzania’s corporate bond market has crossed the Sh2 trillion mark, marking a structural milestone in the country’s capital…
The attractiveness of the corporate bonds has been aided by lower interest rates on bank deposits and treasury bills besides a…
Stanbic Bank Tanzania has secured a Sh70 billion facility to expand lending to small and medium-sized enterprises (SMEs),…
