Red Giant
JF-Expert Member
- Mar 9, 2012
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Tanzania has long had plans to issue an inaugural sovereign Eurobond and was held back by the lack of a credit rating. It obtained a B1 assessment, the fourth-highest non-investment-grade reading, from Moody’s Investors Service in March 2018.
In September, the central bank rejected claims it printed notes valued at 1.5 trillion shillings ($653 million) for government use.
In September, the central bank rejected claims it printed notes valued at 1.5 trillion shillings ($653 million) for government use.