Serame tests appetite for hard currency bond

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.