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 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.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...