TMRC Nyumba Bond is a five-year fixed income investment issued under the second Medium-Term-Note Programme of Tanzania Mortgage Refinance Company Limited. The bond offers investors an annual interest rate of 11%, paid semi-annually, with a minimum investment starting from TZS 500,000. Funds raised support mortgage refinancing in Tanzania, helping financial institutions extend longer-term and more affordable housing finance.
Key Highlights
- Issuer: Tanzania Mortgage Refinance Company Limited (TMRC)
- Programme size: up to TZS 100 billion under MTN II
- Current tranche size: TZS 20 billion, with a greenshoe option of TZS 10 billion in case of oversubscription
- Tenor: 5 years
- Interest rate: 11% per annum
- Interest payment frequency: semi-annually
- Minimum subscription: TZS 500,000, with additional amounts in integral multiples of TZS 10,000
- Offer period: 6th May 2026 to 3rd June 2026
Why Consider This Bond
This bond may appeal to investors looking for a predictable income stream and an accessible entry point into the capital markets. Beyond potential returns, the proceeds are intended to strengthen housing finance in Tanzania by improving liquidity for mortgage lenders and supporting broader access to affordable home ownership.
Who Can Apply
The bond is intended for prospective investors who meet the application requirements set out in the official offer documents. Applicants should ensure that their application details are dully completed and that they review the terms and conditions before submitting the form.
How to Apply
- Read the Information Memorandum and Pricing Supplement carefully to understand the bond terms, risks, and application requirements.
- Confirm your investment amount, starting from the minimum subscription of TZS 500,000.
- Complete and submit the Online Application Forms accurately using the required investor details ** Attach the required documents as may be indicated **
- Use the Online Application Forms provided below to begin the process.
