Chamwe Kaira
Namibia has announced an upcoming interest payment to noteholders of its NAM04 bond.
According to an interest payment notification issued on 26 January 2026 and published on the Johannesburg Securities Exchange (JSE), the payment of R17.60 million is due on 2 February 2026.
The bond carries a coupon rate of 10.51% and is identified by ISIN ZAG000138470.
FirstRand Bank Limited is listed as the debt sponsor. NAM04 bond is incorporated in Namibia and registered under number 1929/001225/06.
The previous interest payment on the bond was made on 1 August 2025, also at a coupon rate of 10.51%, with a total payment of R17.60 million. Similar interest payments were made on 3 February 2025, 1 August 2024 and 1 February 2024.
Meanwhile, trading on the Namibian Securities Exchange (NSX) closed the week ended 23 January 2026 on a mixed note, with marginal movements across the main indices, while overall market capitalisation increased.
Data from the NSX Weekly Market Index show that the broader market index edged up to 809.93 points on 23 January from 808.72 points on 13 January, reflecting a modest gain over the ten-day trading period.
The local index recorded firmer movement, rising from 2,165.67 points on 13 January to 2,240.49 points by 23 January.
The index fell to its lowest level on 14 January before recovering towards the end of the period.
Market capitalisation also improved, increasing from about N$120.96 billion on 13 January to N$122.28 billion at the close of trading on 23 January. The increase came despite subdued movements in the indices.
Daily trading data show that the market remained largely stable during the week, with limited day-to-day fluctuations.
The broader index traded within a narrow range, while the local index posted stronger gains later in the week.
The NSX continued to reflect cautious investor activity, with index performance pointing to steady market conditions rather than strong momentum.
Caption
The government has announced an upcoming interest payment to noteholders of its NAM04 bond.
- Photo: Contributed
