1. Government Securities
  2. Bonds

Notice

CBS to administer the issuance of Bond on behalf of the Development Bank of Seychelles

The Financial Markets Division of the Central Bank of Seychelles (CBS) will be administering the issuance of a five-year Bond on behalf of the Development Bank of Seychelles (DBS), for lending purposes.

The DBS Bond will be earning a fixed interest rate of 3.85% per annum. The payment of interest will be made on a quarterly basis on January 20, April 20, July 20 and October 20, with the first interest payment being on January 20, 2027.

The DBS Bond will be issued through an auction on October 26, 2026, comprising competitive and non-competitive biddings. The competitive bidding will only be available to the Depository Institutions, Seychelles Pension Fund and Insurance Companies. Noncompetitive bidding will be available to all other eligible investors.

The window to submit application forms for both competitive and non-competitive biddings will be open from October 19, 2026, until 8:30 a.m. on October 26, 2026.
Application forms will be accessible from October 19, 2026, on the CBS website.

For further information about the bond, please download the prospectus found in the link below: