A corporate Bond is a fixed income instruments issued by a company in order to raise capital. The corporate Bond Market in Tanzania enables companies’ access long term capital at competitive rates enhancing their growth and development.

Benefits of Issuing Corporate Bond

For Investors

• 1. Corporate Bonds are less risky and less volatile compared to other asset classes
• 2. Wide array of bonds to enable investors build strong portfolios
• 3. Corporate bonds are liquid offering investors easier exit and entry
• 4 .Corporate bonds are liquid offering investors easier exit and entry

For Customer

• 1. Ability to raise long term capital at affordable rates to fund growth
• 2. Faster way to raise capital compared to other forms of raising capital
• 3. Access to a wide array of investors

Issuer	Issue Date	Coupon	Issued Amount	Term	Maturity Date
TANGA URBAN WATER SUPPLY AND SANITATION AUTHORITY	April 30, 2024	13.5%	53,120,000,000	10 Years	02th May 2034
National Microfinance Bank – JASIRI BOND	26th April 2022	8.5	74,268,740,000	3 Years	28th Dec 2025
CRDB Bank Kijani Bond	23rd October 2023	10.25	171,826,440,000	5 Years	23rd October 2028
National Microfinance Bank Plc Social Bond	03rd November 2023	9.5	75,000,000,000	3 Years	03rd November 2026
KCB Bank Tanzania Limited	16th December 2022	8.75	11,042,500,000	3 Years	16th December 2025
National Microfinance Bank Plc Sustainable bond	03rd November 2023	Floating	USD 73,000,000	3 Years	03rd November 2026
KCB Bank Tanzania Limited	16th December 2022	8.75	11,042,500,000	3 Years	16th December 2025
National Bank of Commerce	12th December 2022	10	38,911,200,000	5 Years	13th December 2027
Tanzania Mortgage Refinance Company	19th June 2019	13.4607	9,178,100,000	5 Years	20th June 2024
Tanzania Mortgage Refinance Company	1st June 2021	10.48	8,879,000,000	5 Years	18th May 2026
Tanzania Mortgage Refinance Company	3rd April 2023	10.2	11,280,600,000	5 Years	9th May 2028