Tanzania Mortgage Refinance Company Limited (TMRC) is pleased to announce the launch of the second Medium-Term-Note Program (MTN II) & Issuance of the first tranche of the program, TMRC Nyumba Bond. An important milestone in advancing affordable housing finance in Tanzania. The official launch event was held at the Serena Hotel, Dar es Salaam on 6th May, 2026.
The second Medium-Term-Note Program (MTN II) approved amount of up to TZS 100 billion with an initial issuance size of TZS 20 billion. Proceeds from the bond will be utilized to support TMRC’s mandate of refinancing mortgage loans, thereby enhancing liquidity in the housing finance market and expanding access to long‑term, affordable housing finance across the country.
The issuance has been approved by the Capital Markets and Securities Authority (CMSA) and is being undertaken in full compliance with all applicable capital markets laws, regulations, and disclosure requirements of the United Republic of Tanzania. TMRC adheres to the highest standards of transparency, governance, and investor protection throughout the issuance process.
Detailed information relating to the Nyumba Bond, including the Information Memorandum, Pricing Supplement, and Application Form, is available in the documents provided below. Prospective investors are encouraged to review these documents carefully prior to making any investment decision.
