JOHANNESBURG, xxxx – de Carnys Capital Ltd today announced two-year U.S. dollar and sterling loan note opportunities to qualifying subscribers, promising an interest yield of 8% per annum.
The offers are made by invitation only by way of Information Memoranda
The offers are in two tranches, denominated in sterling and U.S. dollars respectively, of up to a total of 3,000 notes at a price of £100,000 or $100,000 per note. The minimum application size is £100,000 or $100,000. The proceeds of the issue will be used to finance the purchase of treasury bonds issued on behalf of the Government of the United Republic of Tanzania by the Bank of Tanzania (the country’s central bank).
de Carnys Treasury 1 Ltd (DCT1) is the issuer of the sterling notes and de Carnys Treasury 2 Ltd (DCT2) is the issuer of the dollar notes. Both issuers are 100% owned by de Carnys Capital Ltd (DCC). DCC, DCT1 and DCT2 are incorporated in England and the notes are documented under English law.
According to Jim Coleman, Chief Executive Officer of de Carnys Capital Ltd, investment into the Tanzanian treasury bond sector offers a compelling opportunity and the backing of the Government of the United Republic of Tanzania for the Treasury Bonds further provides a high level of risk mitigation.
Treasury bonds are liquid, with an active secondary market in operation. The rate of return is competitive, they are transferable and negotiable, can be pledged as collateral and are relatively low risk because they are issued and guaranteed by the Government.
Says Coleman, “Treasury bonds are only available through Tanzanian authorised agents of the Bank of Tanzania. The DCC management team and our market facing broker, Archco have spent many years researching the local economy and markets. DCC intends to apply the entirety of funds raised to the purchase of the treasury bonds because we are satisfied that the treasury bonds issued by the Government of the United Republic of Tanzania represent a secure, viable and ethical means to facilitate an attractive investment return for investors.”
ENDS
JOHANNESBURG, xxxx – de Carnys Capital Ltd today announced two-year U.S. dollar and sterling loan note opportunities to qualifying subscribers, promising an interest yield of 8% per annum.
The offers are made by invitation only by way of Information Memoranda
The offers are in two tranches, denominated in sterling and U.S. dollars respectively, of up to a total of 3,000 notes at a price of £100,000 or $100,000 per note. The minimum application size is £100,000 or $100,000. The proceeds of the issue will be used to finance the purchase of treasury bonds issued on behalf of the Government of the United Republic of Tanzania by the Bank of Tanzania (the country’s central bank).
de Carnys Treasury 1 Ltd (DCT1) is the issuer of the sterling notes and de Carnys Treasury 2 Ltd (DCT2) is the issuer of the dollar notes. Both issuers are 100% owned by de Carnys Capital Ltd (DCC). DCC, DCT1 and DCT2 are incorporated in England and the notes are documented under English law.
According to Jim Coleman, Chief Executive Officer of de Carnys Capital Ltd, investment into the Tanzanian treasury bond sector offers a compelling opportunity and the backing of the Government of the United Republic of Tanzania for the Treasury Bonds further provides a high level of risk mitigation.
Treasury bonds are liquid, with an active secondary market in operation. The rate of return is competitive, they are transferable and negotiable, can be pledged as collateral and are relatively low risk because they are issued and guaranteed by the Government.
Says Coleman, “Treasury bonds are only available through Tanzanian authorised agents of the Bank of Tanzania. The DCC management team and our market facing broker, Archco have spent many years researching the local economy and markets. DCC intends to apply the entirety of funds raised to the purchase of the treasury bonds because we are satisfied that the treasury bonds issued by the Government of the United Republic of Tanzania represent a secure, viable and ethical means to facilitate an attractive investment return for investors.”
ENDS