Frequently Asked Questions

What is a Security?

A security is a negotiable financial instrument that is of monetary value. It represents holding in a corporation in case of shares ownership or creditor relationship for the case bonds in a Government or Corporate Body.

What is a CSD Account?

Like a Bank Account that is used as a deposit of an individual’s or corporation’s money, a CSD Account is an account used to deposit/ hold an individual’s or a corporation’s securities.

How do I open a CSD Account?

You open a CSD Account through a CSD Member / Depository Participant. Contact details of CSD Members can be obtained through www.csdr.co.tz/CSDR-Members/CSDR-Members

Do I have to open a CSD Account?

Yes. If you intend to purchase securities during Initial Public Offer (IPO) or on the secondary market at the Dar es Salaam Stock Exchange PLC, you must have a CSD Account.

How do I keep track of my investments?

The CSD Members or Depository Participants Issues Contract Notes after every purchase or sell of any security at Dar es Salaam Stock Exchange. The Contract Note is generated from the CSD Systems.  CSD Members can also issue Client Statement as at any given point in time.