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Financial News

Aug 2023 Financial News

National Investment Fund Holding Company Limited - 10th Semi Annual Coupon Payment and Redemption of NIF Series Bond A

Aug 09, 2023

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

Since its establishment in mid-2018, NIF has made total interest distributions of $1.122 billion to over 7,500 bond holders. This consistent distribution has been due to NIF’s well-structured and diversified portfolio. On Wednesday 9 August 2023, NIF made the tenth distribution interest payment of $112.2 million to bond holders on the three (3) series of its $4.0 billion bond.

Also on Wednesday 9 August 2023, NIF redeemed the principal of $1.2 billion on its Series A Bond. The next semi-annual coupon payment to bond holders of Series B and Series C would be on February 9 2024.

During the first half of the financial year: January 2023—June 2023 the resilience of our Investee Companies amid persistent global challenges has been commendable and NIF continues to be optimistic about the outlook for 2023 and beyond.


The Trinidad and Tobago Stock Exchange Limited
Wednesday 9th August, 2023