Barclays lists inflation -linked ETF on BSE

The BSE will begin trading its fourth ETF next week
The BSE will begin trading its fourth ETF next week

Barclays Africa will next week list its inflation-linked bond index Exchange Traded Fund (ILBI ETF) on the Botswana Stock Exchange (BSE).

The ETF will  provide investors in Botswana with the opportunity to invest in the performance of a de facto SA government inflation bond benchmark index. The listing will be the first time that Barclays Africa has listed the ILBI ETF outside South Africa.

“The listing of our ILBI ETF in Botswana will give local investors direct access to a de facto SA Government inflation bond benchmark index while simultaneously increasing the liquidity of the BSE and deepening financial markets in Botswana,” the Head of Exchange Traded Funds at the Corporate and Investment Banking division of Barclays Africa, Michael Mgwaba said in a statement.

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The elections had two teams namely: Team Reshaping MISA and Team Integrity. All Team reshaping MISA member won except for one candidate for the Secretary post. One can say it was a long road to the elections, looking at the fact that it took four years for the elections to be held. MISA board elections are supposed to be held every two years, but they could not be held in time due to the outbreak of the COVID-19 pandemic, which affected many...

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