Investors pour into 25-year bond as yields slide

DAR ES SALAAM — DAR ES SALAAM: INVESTORS piled into 25- year Treasury bond auction, sending demand more than six times above the amount offered and pushing yields lower as excess liquidity continues to chase government securities. The Bank of Tanzania (BoT) received bids worth 1.462tri/- for the 243.050bn/- Treasury bond last Wednesday, representing a subscription rate of 601.59 The post Investors pour into 25-year bond as yields slide appeared first on Daily News.

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