Mbabane – The Central Bank of Eswatini (CBE) is inviting bids for the Government of the Kingdom of Eswatini Infrastructure Bond SGIFB008, valued at E200,000. The bonds will be auctioned on 26 May 2025.
The purpose of the bond issuance is to raise capital for infrastructure projects aimed at stimulating economic, business, and social development.
The bond will be issued using a competitive multiple-bid auction model and is open to the public, including individuals, corporates, and institutional investors. Interested buyers are advised to apply through primary dealers, which are the four local commercial banks.
Investors must ensure that they submit their bids on time so that all entries are captured in the Central Securities Depository System (CSD) before 10:00 a.m. on the auction date.
The applicable pricing supplements and other relevant documents related to the issuance are available for viewing at the Financial Markets Department of the CBE. The bonds will be issued in the form of a paperless Central Depository System.
Auction results will be published on the CBE website immediately after the auction. The settlement date is 30 May 2025. Successful bidders who fail to honour their obligations on time will be disqualified from participating in one subsequent bond auction.
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