DAC 2006 Income Category:
Least Developed Country
Sub Sahara Africa
Non-deliverable products available
DAC 2006 Risk Category:
Day count convention (benchmark):
Day count convention (benchmark) source:
Standard Bank Africa booklet
Day count convention (bonds):
Legal benchmark 1:
182-day Treasury Bill
Where USD/TZS means the Bloomberg USD-TZS Close Mid Price. If either Bloomberg does not publish a rate or the calculation agent determines that the rate published at on Bloomberg is inadequate, the mean USD-TZS exchange rate on the website of the Bank of Tanzania will be used.
Legal description 1:
The yield rate of the 182-day Treasury Bill calculated by the following formula: Yield = ((100-MSP)/MSP)*(365/DTM) where MSP is the minimum successful price of the 182-day Treasury Bill at the most recent auction, displayed on the website of the Bank of Tanzania.