Inflation-linked ETF debuts on BSE

Barclays and BSE officials marking the launch of the ETF PIC: KENNEDY RAMOKONE
Barclays and BSE officials marking the launch of the ETF PIC: KENNEDY RAMOKONE

Barclays Africa listed 4.4 million units of its Inflation-Linked Bond Index exchange traded fund (ILBI ETF) on the Botswana Stock Exchange (BSE) yesterday.

According to the bank, the ILBI ETF will provide investors in Botswana with the opportunity to invest in the performance of a de facto South African government inflation bond benchmark index.

The listing is the first time that Barclays Africa had listed the ILBI ETF outside South Africa.

Editor's Comment
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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