Govt borrows P822m from local market

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Government raised P822 million in borrowings from the local capital market recently, via the offer of a treasury bill and three bonds in an auction held on March 1, 2019.

Government borrows quarterly from the local capital market to fund the national budget and also develop the market’s capacity. 

On March 1, an amount of P350 million was offered under the six-month treasury bill, with total bids amounting to P548 million and the offer fully allotted. The three bonds, all existing papers which were being reopened, offered P500 million, P150 million and P100 million. 

Editor's Comment
Let’s fight GBV as a collective

Botswana for the longest time was known for her virulent peace with family being an enviable institution.As the media, we are also scared to be incessantly reporting on these bloody scenes where women are brutally murdered and worse, sometimes in front of their children and loved ones. Yes, we have reported cases where men were also brutally murdered by their loved ones, but such cases are a drop in the ocean.For the past two weeks, Botswana was...

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