THE National Investment Fund Holding Company Ltd (NIF) has reported a total income of $32 million in its NIF 1 and NIF 2 bonds for the three months ending March 31.

In its unaudited financial statements, published on the TT Stock Exchange website on May 13, NIF said the results were driven by dividend income of $27 million and an interest of $4.2 million.

The total income represented an increase of $2.2 million, increasing to $32 million for the quarter from $29.8 million in the previous comparable period.