DAR ES SALAAM, Aug. 8 -- TANZANIA has launched its first Sovereign Yield Curve, a major financial market reform expected to improve government securities pricing, attract domestic and foreign investment and strengthen the countrys position as a competitive investment destination.

The benchmark, introduced by the Bank of Tanzania (BoT) in collaboration with the Ministry of Finance, Capital Markets and Securities Authority (CMSA) and Dar es Salaam Stock Exchange (DSE), provides a transparent reference for pricing government securities across maturities ranging from less than one month to 25 years.

The initiative, which received technical support from the US Treasury Department, is aimed at improving transparency, reducing information gaps...