
By: Nghiinomenwa-vali Hangala
Updates from the Central Bank have indicated that the government will be paying N$1.6 billion in coupon interest to its bond investors on 15 October 2025.
Information from the Bank of Namibia revealed that, as part of its seven outstanding (fixed income and inflation-linked) government bonds, it will be paying interest/coupons in 2025.
The government owes N$36.9 billion through its seven bonds, where it pays coupon interest twice a year. As a result, on 15 October 2025, it will pay N$1.6 billion to the various investors it borrowed from as part of the arrangements.
The biggest earners are the GC32 bond investors – they have lent N$9.8 billion to the government thus far. Consequently, the government will pay the GC32 investors N$439.9 million in interest payments as dividends for using their money.

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