DAR ES SALAAM, Aug. 13 -- ANALYSTS say Tanzanias 25-year Treasury bond oversubscription auctioned last week signals strong investor confidence in the countrys economic stability and fiscal discipline, reflecting a maturing bond market eager for long-term, reliable investment opportunities.
The strong demand for debt instrument last week reflects rising investor trust in the nations fiscal discipline and the development of a more robust, long-term bond market.
Vertex International Securities Manager, Research and Analyst Frank Abel said the high demand reflects strong confidence in Tanzanias economic stability, with investors willing to commit longterm resources that support government development plans and strengthen financial resilienc...
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