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Local bonds are on course for their worst year since 2021

Bonds had a stellar 2025, returning 16.38% in 2025, the second strongest year the market has recorded, behind 17.4% in 2023. The two years are close in the index, but the drivers are entirely different.

Windhoek ObserverBy Pandu Shaduka22 Sept 2026, 03:38 am
Local bonds are on course for their worst year since 2021

Bonds had a stellar 2025, returning 16.38% in 2025, the second strongest year the market has recorded, behind 17.4% in 2023. The two years are close in the index, but the drivers are entirely different.

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Originally published by Windhoek Observer on 22 Sept 2026, 03:38 am. View original article
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