Serame tests appetite for hard currency bond
Friday, October 13, 2023 | 340 Views |
Governments float foreign currency bonds in order to raise debt from global investors. Foreign currency bonds give governments protection against inflation and – for countries with high sovereign credit ratings such as Botswana – can represent lower borrowing costs. They can also be used to match currency inflows with outflows.
In a statement on Wednesday, the Finance ministry confirmed that Serame and her team would hold an investor roadshow on the sidelines of the International Monetary Fund and World Bank annual meetings taking place in Morocco.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...