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.

Editor's Comment
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...

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