Mbabane – The Central Bank of Eswatini has announced the launch of a Government Infrastructure Bond worth E200 million. The eight-year bond, SGIFB009, carries a fixed interest rate of 11.25 percent and will mature on 31 October 2033.
The auction is scheduled for 28 October 2025, and interested investors are advised to apply through the country’s four commercial banks, which act as Primary Dealers. Both individual and institutional investors can participate, with a minimum bid of E10,000 for individuals and E5 million for institutional bidders.
Funds raised through the bond will finance infrastructure projects aimed at stimulating economic, business, and social development across Eswatini. The bond will be issued via a competitive multiple bid auction model and recorded electronically through the Central Securities Depository system.
The Central Bank encourages interested parties to contact their commercial banks or the CBE Financial Markets Department for application forms and further details. Secondary market trading will begin on 10 November 2025, and interest income on the bond is exempt from withholding tax.
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