The weighted average yield on Tanzania's 91-day Treasury bill fell to 5.00 percent from 6.11 percent at its last auction two weeks ago, the central bank said on Wednesday.
The Bank of Tanzania accepted 115 billion shillings ($87.11 million) worth of bids for a range of maturities. It had offered bids worth 94 billion shillings.
The auction results were as follows:
MATURITY 35-DAY 91-DAY 182-DAY 364-DAY
WEIGHTED AVERAGE YIELD (PCT)
THIS AUCTION 4.71 5.00 7.50 8.87
LAST AUCTION 4.90 6.11 8.21 9.34
Source: Bank of Tanzania
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