Our bank offers competitive and favorable prices for foreign currencies trading where a customer will benefit from selling or buying different currencies.

Maendeleo Bank is one of the listed banks for central depository participants whereby we are allowed to participate in Government securities auctions for a bank and customers also. The access extends to secondary market participation for trading securities.

This is a unique window for our customers as they have been presented with an investment opportunity in low risk avenues. I.e. Treasury Bills and Treasury Bond

Treasury Bills

Short term investment with a maximum investment period of 364 days. They are grouped into 4 periods 35, 91, 182 and 364 days.

Features

Treasury Bills have less than one year tenors to maturity.

Biding is done on discount value.

Treasury Bills have no coupons.

Income depends on amount discounted

Requirements/Eligibility

Any person with funds from TZS 500,000/= is eligible to participate in Government Securities by lodging their bid to Central Bank auction

Treasury Bonds

Treasury Bonds - currently have been grouped into 6 tenors 2, 5, 7, 10,15 and 20 years.

Features

Treasury Bonds have a long term maturity

Biding is done on discount value.

Treasury Bonds have coupons

Coupon are paid semi annually

Income from spread depends on amount discounted

Requirements/Eligibility

Any person with fund from TZS 1,000,000/=, is eligible participate in Government Securities by lodging their bid to Central Bank auction.

As a Bank we provide advisory services on investment in various opportunities including fund management on free risk assets.