CNBC Africa·2 min read·medium
Tanzania considers Eurobond sale to help meet $1 billion borrowing needs
R
Reuters
✦AI Summary
Tanzania is considering a Eurobond sale of up to $500 million to help meet its $1 billion external borrowing requirement. The government is also launching a shilling-denominated offshore bond in London to diversify its funding sources.
LONDON, July 23 (Reuters) – Tanzania is considering a Eurobond sale to help cover its external borrowing needs, estimated at around $1 billion, Finance Minister Khamis Mussa Omar said on Thursday.
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