The Eswatini government has, through Absa Bank, recently issued a R4-billion bond programme on the JSE’s debt board.
This new issuance is the latest bond to list under the Protea Bonds segment, which includes rand-denominated bond issuances by foreign governments on the JSE.
Eswatini’s first R400-million bond under the programme was issued at a yield to maturity of 11.875% a year and a…