FNB bond holders must go digital by 9 November

The Namibian · 10/29/2026, 1:00:00 PM

First National Bank of Namibia (FNB Namibia) bondholders must convert their paper certificates into electronic records by 9 November to continue trading their bonds on the Namibia Securities Exchange (NSX). In a notice issued on 23 October, FNB Namibia says bonds issued under code FNBJ28S would no longer be tradable after 9 November unless they had been dematerialised and transferred into the Namibia Central Securities Depository (CSD) system. Dematerialisation is the process of replacing physical bond certificates with electronic records of ownership. “The dematerialisation does not affect your ownership of the bonds and merely replaces the physical certificate with an