Mmegi

BSE moves to open bond market to ordinary citizens

Alternative pathways: Monyatsi is seeking more room for retail investors PIC: MORERI SEJAKGOMO
Alternative pathways: Monyatsi is seeking more room for retail investors PIC: MORERI SEJAKGOMO

The Botswana Stock Exchange (BSE) has announced intentions to boost liquidity and activity through opening the bond market to retail traders.

The exchange says the current bond market is primarily accessible to institutional investors such as pension funds and large commercial entities.

Retail bonds are an ‘IOU’ in which an investor agrees to loan money to an individual, company, or government in exchange for a predetermined interest rate. Retail trade of bonds is more common in developed capital markets such as Wall Street which has some retail traders holding their pensions in popular stocks.

Editor's Comment
Two-tier education system demands action

Whilst we join Botswana Sectors of Educators Trade Union (BOSETU) and other stakeholders in commending the rise in top grades, a testament to the unwavering effort of many teachers and pupils, this progress is fundamentally shadowed by a failing that shames our society. The stark, persistent urban-rural divide is not just a statistic, but an active betrayal of thousands of young Batswana.The figures are a damning indictment. When pass rates in...

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