Gov’t raises P1.3bn debt

At the helm: Dekop says more sustainable debt should be raised in the country PIC: PHATSIMO KAPENG
At the helm: Dekop says more sustainable debt should be raised in the country PIC: PHATSIMO KAPENG

The Bank of Botswana (BoB) raised P1.28 billion in debt for government recently, as a stampede by bidders meant yields continued to fall in the monthly auction of Treasury Bills and bonds.

The auction on February 23 saw bids worth P1.2 billion for a P400 million, three-month Treasury Bill (T-Bill) and bids worth P1.9 billion for the P450 million offered under the six-month T-Bill.

The three bonds on offer, with maturities ranging from 2029 to 2043, attracted more moderate bidding but were all equally oversubscribed.


Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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