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BSE hails Absa for green bond listing

Monday, January 29, 2024 | 600 Views |

Partners for sustainability: Tsheole, Environment Minister, Philda Kereng, Pheko-Moshagane and other officials at the listing PIC: PHATSIMO KAPENG

Absa Bank Botswana last week made history when it listed the Botswana Stock Exchange (BSE)’s first sustainable bond, a P47.7 million note targeting green funding in the local economy.

The bond was issued under the P2billion note programme Absa has listed on the BSE.

Sustainable bonds also known as green bonds, provide investors with an avenue to support projects that have positive environmental and social impacts.

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BSE hails Absa for green bond listing

Absa Bank Botswana last week made history when it listed the Botswana Stock Exchange (BSE)’s first sustainable bond, a P47.7 million note targeting green funding in the local economy.