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Updated: 29-09-2023 - 12:00PM   6 7 CLOSED

Financial News

Aug 2022 Financial News

NIF - $112.2 Million Paid to Bond Holders

Aug 09, 2022

The National Investment Fund Holding Company Limited (NIF) is pleased to report that:

  • On Tuesday 9 August 2022, NIF made the eighth distribution interest payment of $112.2 million to its over 7,500 bond holders on the three (3) series of its $4.0 billion bond.
  • Total interest distributions of $897.6 million have been paid out to bond holders, since the successful launch of NIF in July 2018.
  • On Thursday 9 February 2023, NIF will make the ninth semi-annual coupon payment to bond holders.
  • NIF’s well-structured and diversified portfolio which was established in July 2018 with a value of $7.9 billion, reached $9.76 billion in December 2021 and $10.02 billion in June 2022.

Notwithstanding the current global challenges including the continuation of Covid-19 with its many variants, increased energy costs and supply chain issues, our Investee Companies have been successfully putting increased energy and focus around their key priorities.

The Trinidad and Tobago Stock Exchange Limited
Tuesday 9th August, 2022