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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.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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