US EditionBond auction exceeds N$3 billion – News Stand
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Bond auction exceeds N$3 billion – News Stand
Chamwe Kaira The Bank of Namibia’s government bond auction on Wednesday recorded bids over N$3 billion against an initial offer of N$2 billion. The GC35 recorded the highest demand, with tenders of N$585 million, or 24% of the total. Allocations reached N$312 million, double the initial offer of N$160 million. The GC40 also drew interest of N$214 million against an offer of N$140 million, but no allocation was made. Across the GC board, N$1.5
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