Namibia shifts borrowing strategy as eurobond matures – The Mail & Guardian

Namibia shifts borrowing strategy as eurobond matures – The Mail & Guardian

Namibia is shifting the balance of its borrowing from foreign to domestic markets as it redeems the $750 million (about N$13.8 billion) eurobond issued in 2015.  The move, while meeting the country’s most significant single debt obligation to date, marks a broader pivot in the government’s financing strategy toward local-currency instruments and home-based investors. According to the finance ministry, the redemption — due on 29 October 2025 — wa…

How Namibia made record $750 million one-day debt repayment

Namibia has settled its $750 million eurobond, marking the largest single-day debt maturity in the history of the country, according to Bloomberg. “We have paid,” central bank Governor Johannes !Gawaxab said in the capital, Windhoek, on Wednesday. Finance Minister Ericah Shafudah said the debt repayment will enhance “our creditworthiness and positions us favorably to potential […] The post How Namibia made record $750 million one-day debt repaym…