Swaziland: bonds

The Central Bank, on behalf of the Government of Swaziland, issues 91-day Treasury bills on a weekly basis . From April 2008 to March 2009, there were 52 auctions for a total notional amount of SZL 1.56 billion. The vast majority of Treasury bills sold were purchased and held by commercial banks. No bills were traded in the secondary market. The Government bills’ auction takes place every Wednesday, with results published the following day on the Central Bank’s website or on the Reuters page SWAZ. Treasury bills are offered on competitive and non-competitive bids, for a minimum investment size of SZL 5,000 and SZL 10,000 respectively. Participation in the auction is open to all, including individuals and non-residents. Bids can be placed via primary dealers appointed by the authorities.

Outstanding bond issues

Сurrency Outstanding bond issues Cumulative volume
sovereign
SZL 14 2 498 265 600
corporate
SZL 23 601 649 754

Latest bond issues

issue ISIN coupon volume end of placement maturity date
Swaziland, 10.5 28feb2022 - Domestic bonds SZG000441272 10.5% 129 260 000  SZL 02/23/2017 02/28/2022
Swaziland Development Finance Corporation, 13% 24jan2020, SZL (110) - Domestic bonds SZD000551796 13% 7 743 750  SZL 01/24/2017 01/24/2020
Select, 14.5% 11jan2020, SZL (500) - Domestic bonds 14.5% 50 000 000  SZL 01/11/2017 01/11/2020
Select, 14% 28oct2019, SZL (405) - Domestic bonds SZD000551770 14% 15 000 000  SZL 10/28/2016 10/28/2019
Swaziland, 10.75 31oct2026 - Domestic bonds SZG000441256 10.75% 171 650 000  SZL 10/26/2016 10/31/2026
Swaziland Development Finance Corporation, 12% 5oct2017, SZL (109) - Domestic bonds SZD000551762 12% 70 000 000  SZL 10/05/2016 10/05/2017
Select, 14% 30aug2019, SZL (404) - Domestic bonds SZD000551747 14% 15 000 000  SZL 08/30/2016 08/30/2019
Swaziland, 9 31aug2023 - Domestic bonds 9% 178 650 000  SZL 08/26/2016 08/31/2023
Swaziland Development Finance Corporation, 12.5% 8jul2019, SZL (108) - Domestic bonds SZD000551721 12.5% 21 676 004  SZL 07/08/2016 07/08/2019
Swaziland, 10 20jun2021 - Domestic bonds SZG000441231 10% 347 290 000  SZL 06/15/2016 06/20/2021