- Investor appetite cools from previous auction
- Short-term bills draw strongest interest
WINDHOEK, NAMIBIA — Namibia’s latest government bond auction drew N$2.2 billion ($137.4mn) in bids, easing from the previous sale but still comfortably exceeding the amount on offer, official data showed.
The Bank of Namibia, acting as the government’s agent for issuing and managing public debt, said N$1.51 billion was offered across four Treasury bill tenors, all of which were oversubscribed.
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