Bankers Investment Trust reports latest net asset values

The Bankers Investment Trust Plc reported an unaudited net asset value (NAV) per share of £140.7p as of December 22, 2025. This was calculated in accordance with the AIC formula, which includes current financial year revenue items and excludes shares held in treasury. When debt was marked at fair value, the NAV per share stood at £144.1p.

Excluding current financial year revenue items and shares held in treasury, the unaudited NAV per share was £140.2p. With debt marked at fair value under these same exclusions, the NAV per share was £143.6p.

The company's £ denominated unsecured loan notes are valued using a discount rate based on the yield of a UK Gilt of similar maturity plus a credit spread. For its Euro denominated unsecured loan notes, the valuation employs a discount rate derived from the yield of a Euro Swap of similar maturity plus a credit spread.