The one-year government bond to be issued on June 4 will have a gross yield of 3.2%. The gross interest rate for the new bond was announced on Wednesday morning by the Deby Agency that is is responsible for the bond’s issue. An interest rate of 3.2% will provide at net yield for investors of 2.24%.
In addition to the one-year bond the Debt Agency is also issuing an eight-year government bond. Het the annual interest rate will be 2.8% gross. This provides for a net yield of 1.96%.
Those wishing to invest in the bonds can sign up through banks from Friday 24 May until Monday 3 June. Alternatively, they can sign up directly through the Debt Agency’s ledger from 24 until 31 May.