The Government, through the Ministry of Finance, Economic Planning, Trade and Investment (MoFEPTI) is issuing a Treasury bond for fiscal purposes as per its Q2 Issuance Plan. The 5-year Bond will be worth a total of SCR 150 million.
The Bond will be available on auction basis, the allocation of which will take place on Monday 22nd June 2026. The application window for the auction will open one week prior to the allocation date, on Monday 15th June 2026 and will close at 8.30 am on the auction day.
The 5-year Treasury bond will be earning a fixed interest rate of 3.8% per annum. Interest payments for the Bond will be done half-yearly, on May 20 and November 20, calculated on a 365-day year. The first payment of interest will be on November 20, 2026.
The Bond will be issued in multiples of SCR 1,000 with a minimum value of SCR 1,000.
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 13th June, 2026, Monday 15th June, 2026 and Wednesday 17th June, 2026.
Copies of the prospectus and application forms can also be downloaded from the CBS website: https://www.cbs.sc/GovernmentDebt/Bonds/applicationforms.html.