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Press Release

Approved by the Capital Markets and Securities Authority (CMSA)

Outcome of Tranche 3 of the NMB Three Year Medium Note Programme


(MTN) worth TZS 25,000,000,000

10% Coupon Rate


Subscription level of 333%
31st July 2019
Dar es Salaam

NMB Bank Plc (“NMB”) issued tranche 3 of the Medium Note Programme (MTN), at a fixed coupon
rate of 10% per annum as approved by the Capital Markets and Securities Authority (“CMSA”).
The offer was opened to the public on 10th June 2019 and closed on 08th July 2019.

NMB is pleased to announce the successful subscription of the above mentioned MTN which is in
line with the company’s target and programme approved by the Capital Markets and Securities
Authority (“CMSA”). NMB has successfully raised TZS 83,349,190,000 which is higher than the
expected amount of TZS 25,000,000,000, representing a subscription level of 333%.

This is another significant milestone that signifies confidence that investors have on NMB and the
Capital markets in Tanzania after a successful tranche 1 of TZS 41.9 billion issued in June 2016
representing subscription level of 207% and tranche 2 of TZS 23.3 billion issued in December 2017,
representing subscription level of 116.5%.

The CMSA has approved the bondholders’ register reflecting these results, ready for crediting the
allotted bonds in the respective bondholders’ Central Securities Depository (CSD) accounts.

The three-year Tranche 3 Bond will be listed and commence trading on the Dar es Salaam Stock
Exchange (DSE) on 2nd August 2019 under the Code NMB-2019/22. T3 and will be paying coupon
on 15th April, 15th July, 15th October and 15th January.

The Management of NMB acknowledges the efforts made by all parties involved in making the
issuance a reality and successful. They include the Board and Management of Capital Markets and
Securities Authority (CMSA); Stanbic Bank Tanzania limited, the Lead Arranger and the Registrar;
and Orbit Securities Limited, the Sponsoring Broker.

Issued by,

Managing Director
NMB Bank Plc
Ohio/Ali Hassan Mwinyi Road
P.O. BOX 9213, Dar es salaam, Tanzania

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