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
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

Have a Story? Send Us a tip
arrow up