TANZANIA, July 8 -- TREASURY bill market recorded strong investor demand in the latest auction despite a general decline in yields across most maturities, signalling continued liquidity in the banking system and sustained appetite for government paper.

Zan Securities Advisory and Research Manager Isaac Lubeja, said yesterday that the latest Treasury bill auction demonstrated robust investor appetite for government securities, with most tenors recording substantial oversubscriptions.

“The strong subscription rates and declining yields across the 35-day, 91-day and 182-day maturities indicate that liquidity remains abundant within the market,” he said.

The Bank of Tanzania (BoT) auction held last Wednesday offered 35-day, 91-...