Sign In

Option 1:

As an arranger, the bank can prepare a roadshow to present your business to potential investors. We can also facilitate the issuance of a bond to raise funds for various initiatives that support your strategic objectives or to fund large-scale capital projects. 

Bonds are issued on a private placement or at public auction, and the bank can assist with listing the bond on the Namibian Stock Exchange (NSE) or the Johannesburg Stock Exchange (JSE). A listing provides more liquidity to raise funds. Issuers use the market to raise funds, and investors purchase the paper to boost portfolio returns. 

Option 2:

As an investor, your business can invest in corporate or government bonds, and the bank can assist with trading any of these instruments. Bond interest can be paid quarterly or bi-annually at a variable or fixed rate.

Your business can use government-issued bonds as collateral for a loan or when applying for credit. It allows investors to sell their investment in the secondary market any time before maturity, at market-related rates. 

Terms and C​onditions apply​.​

Learn more about Listed Bonds


On 28 June 2010, Bank Windhoek Limited (the Issuer), established a NAD1,000,000,000 Note Programme (the Programme) pursuant to a programme memorandum dated 28 June 2010 which was subsequently amended, restated and increased to AR5,000,000,000/NAD5,000,000,000 on 12 November 2013 (together, the Previous Programme Memoranda) for the issuance of notes. This amended and restated programme memorandum (this Programme Memorandum) will apply to all Notes (as defined herein) issued under the Programme on or after 30 April 2019 (this Programme Date) and will in respect of such Notes, supersede and replace the Previous Programme Memoranda in their entirety.​  Click here to read more about the Programme Memorandum...>>

Listed Bonds

BWZJ25 Applicable pricing supplement.pdf

BWJi24 - Applicable Pricing Supplement - Tranch 2.pdf

BWJf26S - Applicable Pricing Supplement_BW Sustainable Bond - Tranch 2.pdf

BWJf26S - Applicable Pricing​ Supplement_BW Sustainable B​ond.pdf

BWFL23 - Signed Applicable Pricing Supplement-Second Tranche.pdf

BWJL23 - Signed Applicable Pricing Supplem​ent-Second Tranche.pdf

Applicable Pricing Supplement​_BWJi24 (signed).pdf

Applicable Pricing Supplement_BWFi23 (signed).pdf

Bank Windhoek - Amended Information Sta​tement_Execution_(9958921_1).PDF

Applicable Pricing Supplement 20A _(Execution)_(5995867_1).PDF

BWJ1e27 Applicable Pricing Supplement.pdf

BWJ2e27 Applicable Pricing Supplement.pdf

BWZJ23 Applicable Pricing Supplement.pdf

BWFL23 - Signed Applicable Pricing Supplement.pdf

BWJL23 - Signed Applicable Pricing Supplement.pdf

BWJL25 - Signed Applicable Pricing Supplement.pdf

BWZJ24 - Applicable Pricing Supplem​ent.PDF
BWJL25 Applicable Pricing Supplement second tranche - 22 November 2022.pdf

​BWJi24 Applicable Pricing Supplement - tranche 3 - 22 No​vember 2022.pdf

Capricorn Group(CGP) Share Price:   
Currency Exchange Rates to N$: