Africa-Press – Seychelles. The government, through the Ministry of Finance, National Planning and Trade is issuing a Treasury bond for fiscal purposes as per its Q3 Issuance Plan. The 7-year bond will be worth a total of R150 million.
The bond will be available on auction basis, the allocation of which will take place on Monday September 1, 2025. The application window for the auction will open one week prior to the allocation date, on Monday August 25, 2025 and will close at 8.30am on the auction day.
The 7-year Treasury bond will be earning a fixed interest rate of 4.6% per annum. Interest payments for the bond will be done half-yearly, on May 15 and November 15, calculated on a 365-day year. The first payment of interest will be on November 15, 2025.
The bond will be issued in multiples of R1,000 with a minimum value of R1,000.
The auction will be both on a competitive and non-competitive basis, with the former available to depository institutions, the Seychelles Pension Fund and insurance companies. The non-competitive auction will be available to all other eligible investors. The issuance of the bond is applicable to both residents and non-residents having a Seychelles Rupee account with a local financial institution, in all cases.
The issuance and management of the bond will be undertaken by the Central Bank of Seychelles (CBS). The prospectus will be published in the Seychelles NATION and TODAY in Seychelles on Saturday August 23, 2025; Monday August 25, 2025 and Wednesday August 27, 2025.
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