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A Treasury Bill is a short-term obligation that is not interest-bearing (it is purchased at a discount). It can be traded on a discount basis for 91 days.
This innovative messaging system allows you to keep in touch with your account balances and transactions, helping you manage your money and prevent fraud on your account.More
FNB Online Banking offers you Internet-based, electronic banking that's easy to use, quick, secure and available 24/7.More
Cellphone Banking enables you to conveniently perform a number of banking transactions via your cellphone.More
Have your statements sent to you via email, saving you paperwork and contributing to a greener environment.More
These Bills are issued on a discount basis, currently with initial maturities of 91, 182 and 365 days. This means that income from investing in TBs, at the primary issue, is the difference between the offer (or purchase) price and the nominal (also called face or maturity) value. The Bank of Namibia acts as an agent for the Government.
Rates are negotiated on application.
Contact our International Business Centre or give us a call on (061) 299 2314 or 2177.
Contact our RMB Namibia Trade. One of our consultants will tell you all you need to know or alternatively, give us a call on (061) 299 2314 or 2177.