Bank of Namibia Bills

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The Bank of Namibia Bill is issued in terms of Section 55 of the Bank of Namibia ACT No.15 of 1997 as amended. The purpose of issuing this instrument is to assist banking institutions to comply with liquid assets requirement. Tenders shall take place monthly or at such frequency as the Bank may determine. The issue size is determined at the discretion of the Bank of Namibia, after considering market developments. Bank of Namibia Bill has a maturity of 56 days. The maturities may however be adjusted or varied at the discretion of the Bank of Namibia.


Bank of Namibia Bill is issued on a discount basis, which means that an investor shall pay for the Bill less the interest receivable during the term of the Bill and receive the face value of the Bill at maturity.

Today’s rates
Inflation rates
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NCPI

CONSUMER PRICES Total (All urban areas) 12-Term % change

NCPI 6.30 May 2017
Interest rates
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Repo rate

Repurchase rate: Rate at which the private (sector) banks borrow namibian dollars from the Bank of Namibia

Prime overdraft rate (predominant rate)

Benchmark rate at which private banks lend out to the public.

Repo 7.00
Prime 10.75
Exchange rates
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NAD per US Dollar

Weighted average of the banks' daily rates at approximately 10:30 am. Weights are based on the banks' foreign exchange transactions.

NAD per British Pound

Weighted average of the banks' daily rates at approximately 10:30 am. Weights are based on the banks' foreign exchange transactions.

NAD per Euro

Weighted average of the banks' daily rates at approximately 10:30 am. Weights are based on the banks' foreign exchange transactions.

NAD per Angolan Kwanza

Weighted average of the banks' daily rates at approximately 10:30 am. Weights are based on the banks' foreign exchange transactions.

N$ / $ 12.9466 23 Jun 2017
N$ / £ 16.4579 23 Jun 2017
N$ / € 14.4634 23 Jun 2017
N$ / AOA 0.0717 23 Jun 2017

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