Tanzania Mortgage Refinance Company (TMRC) has issued a third tranche of five-year bonds, which are poised to attract debt investors due to its attractive yield.
TMRC said yesterday that it wants to raise TShs 7 billion with a coupon rate of 10.48 per cent to facilitate mortgage business in the country.
The third tranche, which is part of the TShs 120 billion approved amount in 2018 in allocations of five years each, was introduced after the previous two tranches were oversubscribed.
No comments:
Post a Comment