DAR ES SALAAM, July 31 -- FALLING yields on short-term bonds are driving a reassessment of equity values as investors respond to clear signals from the central bank— Bank of Tanzania (BoT).

This shift lowers discount rates, increasing the appeal of stocks with strong growth potential compared to fixed income investments. The trend aligns with the BoTs policy rate cut to 5.75 per cent earlier this month and its directive to anchor 7-day interbank rates within a 3.75 per cent to 7.75 per cent corridor.

Alpha Capital Head of Business Development and Customer Service Geofrey Kamugisha said the interbank market has complied, with average rates softening to remain well within this range, despite increased transaction volumes.

“Th...