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
Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

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