Namibian bonds recorded strong 2025 returns despite domestic fiscal stress
Namibian bonds returned 16.38% in 2025, the second-strongest year on record, but the gains were driven by a regional rally in South African bonds rather than domestic fundamentals. The local market faced widening budget deficits, slower growth, and increased spreads, with returns insulated by imported foreign investor demand.
22 September 2026 · Windhoek Observer →