Frequently Asked Questions

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.

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.

You open a CSD Account through a CSD Member / Depository Participant. Contact details of CSD Members can be obtained through

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.

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.