Bankers Investment Trust reports October 2025 net asset values

As of the close of business on October 17, 2025, The Bankers Investment Trust PLC reported an unaudited net asset value (NAV) per share of 138.3p, calculated according to the AIC formula and including current financial year revenue items, but excluding shares held in treasury. When debt was marked at fair value, the NAV per share stood at 141.7p.

Excluding current financial year revenue items and shares held in treasury, the unaudited NAV per share was 137.3p. With debt marked at fair value under this alternative calculation, the NAV per share was 140.8p.

The company's GBP denominated unsecured loan notes' fair value is determined by a discount rate based on the yield of a comparable UK Gilt plus a credit spread. Similarly, the fair value of its Euro denominated unsecured loan notes is estimated using a discount rate derived from the yield of a Euro Swap of similar maturity, also factoring in a credit spread.