Stanchart Launches Offshore Fixed Income Product

Peter McC van Riet-Lowe.PIC: KENNEDY RAMOKONE
Peter McC van Riet-Lowe.PIC: KENNEDY RAMOKONE

Standard Chartered Bank Botswana has launched an offshore fixed income proposition, which offers investors opportunity to directly access a range of investment grade bonds issued by corporates and sovereigns.

The bank is the first in the market to make these investment instruments available to retail customers through a local distribution channel.

Biswaroop Barua, group head of credit products at Standard Chartered Bank Singapore said the primary purpose of offering fixed income instruments is to service clients who typically have a low-to-medium risk appetite.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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