Govt borrows P822m from local market

Wednesday, March 06, 2019

Government raised P822 million in borrowings from the local capital market recently, via the offer of a treasury bill and three bonds in an auction held on March 1, 2019.

Government borrows quarterly from the local capital market to fund the national budget and also develop the market’s capacity.

On March 1, an amount of P350 million was offered under the six-month treasury bill, with total bids amounting to P548 million and the offer fully allotted. The three bonds, all existing papers which were being reopened, offered P500 million, P150 million and P100 million.

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Govt borrows P822m from local market

Government raised P822 million in borrowings from the local capital market recently, via the offer of a treasury bill and three bonds in an auction held on March 1, 2019.

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!