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Tag Archives: Domestic Bonds

Government Slashes Interest Payments For Domestic Bonds To 0% In 2023

December 4, 2022 GENERAL NEWS Comments Off on Government Slashes Interest Payments For Domestic Bonds To 0% In 2023

The Government has slashed interest payments for domestic bondholders to zero percent in 2023 and pegged 2024 interest payments at 5 percent. The government has, however, announced that there will be no haircut on the principal of bonds, adding that individuals with government bonds will have their full investments upon …

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