Issuance of 3 Treasury Bonds

Three new Treasury Bonds are to be issued in the coming weeks.

 

Two are being issued on behalf of the government: The 3-year and 7-year Bonds will be worth a total of SCR 500 million.

On the other hand, the Development Bank of Seychelles (DBS), will issue a 5-year Bond, worth SCR 200 million.

 

The 3-year and 7-year Treasury Bonds will be earning a fixed interest rate of 2.50%, and 5.00% per annum, respectively, while

The 5-year DBS Bond will be earning a fixed interest rate of 3.75% per annum and coupon payments will be on a quarterly basis.

 

All three Bonds will be issued in multiples of SCR 1,000, with a minimum value of SCR 1,000.

 

Application forms can be downloaded on the Central Bank Seychelles website.

 

For more information, read the press release below, or you can visit the CBS website: