Gov�t raises P4bn on bond market

Friday, January 27, 2017

Government raised about P4 billion from the bond market in 2016 through Treasury Bills and tapping into existing issued bonds as treasury decided to entirely fund the forecast P6 billion budget deficit from domestic resources.

According to figures released by the Botswana Stock Exchange (BSE), tap issuances and new bond issuances, helped push the bond market capitalisation of listed bonds to P12.2 billion compared to P10.1 billion as at the end of 2015.

During the year 2016, Bank of Botswana (BoB), on behalf of government, held four bond auctions in which it raised a total of P2 billion from Treasury Bills and another approximately P2 billion issued bonds.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

For the people: Stanbic Bank representatives in Letlhakane during an event. The bank has doubled down on its customer-focus and digital platforms PIC: FACEBOOK

Stanbic pretax profits up 11%

Mbongeni Mguni | 15 m ago

The audacity to be a unicorn

Mbongeni Mguni | 19 Apr 2024

Faulty gadgets top complaints to BOCRA

Mbongeni Mguni | 18 h ago

Civil Society fights 'flawed' constitutional amendment

Innocent Selatlhwa | 22 Apr 2024

Civil Society calls for Constitution review governing Act

Innocent Selatlhwa | 22 Apr 2024

IEC rejects 2,513 registrations

Innocent Selatlhwa | 22 Apr 2024

Motshegwa prevails against detractors

Goitsemodimo Kaelo | 22 Apr 2024

Serowe woman ingests acid, attempts suicide

Pini Bothoko | 22 Apr 2024

Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

The Monitor Editor | 23 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Gov�t raises P4bn on bond market

Government raised about P4 billion from the bond market in 2016 through Treasury Bills and tapping into existing issued bonds as treasury decided to entirely fund the forecast P6 billion budget deficit from domestic resources.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!