Mmegi

Gov’t raises P1.3bn debt

Friday, March 01, 2024 | 480 Views |

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.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

'I was deceived'

Larona Makhaiza | 8 h ago

Fierce battle looms in BPF Nata-Gweta primaries

Chakalisa Dube | 15 h ago

BPF to win all Serowe constituencies

Innocent Selatlhwa | 15 h ago

BDP councillor withdraws candidacy, decries voters roll manipulation

Tsaone Basimanebotlhe | 15 h ago

BDP primaries: More fireworks, twists and turns

Tsaone Basimanebotlhe,Goitsemodimo Kaelo | 15 h ago

Choppies' P1m Olympic incentive

Calistus Kolantsho | 17 h ago

Masole gears for third Chess Olympiad

Calistus Kolantsho | 17 h ago

Wildebeests on the cusp of rugby history

CALISTUS KOLANTSHO | 18 h ago

BDP primaries leave a lot to be desired

The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...

The Monitor Editor | 22 July 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Gov’t raises P1.3bn debt

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.