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
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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