Category Archives: IJG Daily Valuation

Good day,

Kindly note that we used 13.625% as the GC43’s weighted average yield to calculate the bond’s new spread, which would have been the bond’s weighted average yield if the Bank of Namibia hadn’t allocated the 11.27% bid following a ‘fat finger’ error made by a market participant at yesterday’s auction. The GC43’s spread would otherwise have been -53.6.

Please contact Danie van Wyk (danie@ijg.net) if you have any queries.

Kind regards,
IJG Research