Standard Bank seals N$700 million bond

Standard Bank Namibia successfully sealed a 5-year Namibia Dollar Bond issuance in the local capital markets. The latest bond issuance forms part of the Bank’s general term funding which was raised included N$500 million for 5 years to 18 investors, N$100 million for 3 years to 2 investors and another N$100 million for 2 years to 1 investor by Negotiable Certificate of Deposit. The team behind the successful Standard Bank 5-year Namibia Dollar Bond issuance are Yolande Fourie – Manager of Global Markets, Bryan Mandy Chief Financial Officer and Gabby van Eeden – Manager of Investment Banking.