By: Nghiinomenwa-vali Erastus
Investors holding the government’s inflation-linked GI27 and GI33 bonds are set to receive their first coupon/interest payment for the year on April 15, 2024.
The total interest payment amounts to N$63.1 million, which will be distributed among various institutional and retail investors who have invested in or lent money to the government through these bonds.
Government data does not specify the number or type of investors – whether local, regional, continental, or international – participating in these specific bonds, hence The Villager is unable to provide details on the recipients of the annual coupons.
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