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
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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