Tanzania raises Sh263 billion through first offshore bond listed in London
Finance Minister Ambassador Khamis Mussa Omar (fourth right) launches Tanzania's first $100 million (about Sh262.5 billion) offshore bond denominated in Tanzanian shillings at the London Stock Exchange in the United Kingdom. Also pictured are NMB Bank Chief Executive Officer Ruth Zaipuna (sixth right) and World Bank Vice President and Treasurer Jorge Familiar (third right). PHOTO | COURTESY
London. Tanzania has reached a major milestone in international capital markets after its first offshore bond denominated in Tanzanian shillings was listed on the London Stock Exchange.
