IFC issues P260m bond to fund Botswana firms

Friday, December 08, 2017

Deepening markets: The BSE will list the IFC bond on December 13, 2017

The International Finance Corporation (IFC), an arm of the World Bank, will next week list a P260 million bond on the Botswana Stock Exchange (BSE) as part of efforts to drive Pan-African private investments.

The bond would be the first listing by a multilateral institution on the local bourse.

“The issuer seeks to bring together domestic and foreign private capital and experienced management and thereby create conditions conducive to the flow of private capital (domestic and foreign) into productive investments in its developing member countries.

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IFC issues P260m bond to fund Botswana firms

The International Finance Corporation (IFC), an arm of the World Bank, will next week list a P260 million bond on the Botswana Stock Exchange (BSE) as part of efforts to drive Pan-African private investments.