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Financial News

Feb 2024 Financial News

National Investment Fund Holding Company Limited - Notice of Semi-Annual Coupon Payment

Feb 09, 2024

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

  • On Friday 9 February 2024, NIF made its eleventh distribution interest payment of $85.2 million to bond holders of the  Series B and Series C of the NIF1 Bond;
  • Since its establishment in mid-2018, NIF has made total interest distributions of $1.207 billion to its bond holders;
  • NIF’s well-structured and diversified portfolio has made possible this consistent distribution; and
  • The next semi-annual coupon payment to bond holders of Series B and Series C would be on August 9 2024.

NIF is pleased to advise that on January 22 2024 it launched the NIF2 Bond for $400 million @4.5% with a term of 5-years.  Applications close February 9 2024.  

The Trinidad and Tobago Stock Exchange Limited
Friday 9th February, 2024