thecitizen.co.tz·4 min read·hard

Tanzania to list debut shilling bond on London Stock Exchange

T
The Citizen Reporter
Tanzania to list debut shilling bond on London Stock Exchange
AI Summary

Tanzania is set to list its first shilling-denominated offshore bond on the London Stock Exchange to diversify development financing. The bond is backed by the IFC and aims to fund major infrastructure projects like the Standard Gauge Railway.

Dar es Salaam. Tanzania will on Friday, July 24, list its inaugural Tanzanian shilling-denominated offshore bond on the London Stock Exchange (LSE), marking a major step in the government's efforts to diversify financing for development projects and deepen access to international capital markets.

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