Bankers Investment Trust reports varied net asset values as of September 23

As of the close of business on September 23, 2025, The Bankers Investment Trust PLC reported its unaudited net asset value per share. When calculated in accordance with the AIC formula, including current financial year revenue items and excluding shares held in treasury, the net asset value per share stood at 136.7p. The net asset value per share with debt marked at fair value was 140.1p.

A separate calculation, excluding current financial year revenue items and shares held in treasury, resulted in a net asset value per share of 135.9p. Under this same exclusion, the net asset value per share with debt marked at fair value was 139.4p.

The company also provided details on the fair value estimation of its unsecured loan notes. The GBP denominated unsecured loan notes are valued based on a discount rate derived from the yield of a similar maturity UK Gilt, plus a credit spread. Similarly, the Euro denominated unsecured loan notes are valued using a discount rate calculated from the yield of a Euro Swap of similar maturity, plus a credit spread.