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December 2025
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SBB/98/2025 – INVESTMENT ON DBE BONDS (REPEALING) DIRECTIVE NO. SBB/98/2025 A DIRECTIVE TO REPEAL INVESTMENT ON DBE BONDS DIRECTIVE NO. SBB/81/2021 December 31, 2025

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The National Bank of Ethiopia has issued Directive No. SBB/98/2025 to repeal Investment on DBE Bonds Directive No. SBB/81/2021, effective December 31, 2025, which previously governed investments in DBE bonds by commercial banks in Ethiopia. Commercial banks must still settle any outstanding investment requirements in DBE bonds by January 31, 2026, in accordance with the repealed directive.