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
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