By: Nghiinomenwa-vali Erastus
The government faces the substantial task of repaying N$34.5 billion to investors as its bonds mature over the next four years.
Bonds due for repayment in this obligation include GC24, GC25, GC26, GI25, GI27, and Eurobond 2025.
To mitigate this looming financial challenge, Finance minister, Iipumbu Shiimi, outlined the strategy of rolling over and enabling investors to switch during his Mid-Year Budget Review last month.
The Eurobond 2025, constituting 42.4% of the total maturing amount, is the highest in this portfolio.
This year, the government successfully redeemed the Nam03 bond, listed on the JSE, with an outstanding balance of N$157 million.
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