Bonds are financial instruments issued by government and corporates to borrow money from the market. Secondary market trades involve sales of bonds by those who bought the bonds at their original floating by issuers such as governments and corporates.
In a recent update covering the period between January and October 31, the BSE noted that the majority of bond market trades were associated with government bonds, which generated P4.9 billion in trades, with the balance involving corporate bonds. The sole sustainable bond on the BSE, listed by Absa Bank Botswana last year, recorded trades worth P4.5 million over the reporting period.
