Yields fall as BoB raises P5.1bn for gov’t
Friday, August 07, 2026 | 230 Views |
At the helm: BoB governor, Lesego Moseki. The central bank is government’s agent in the capital market
Under government’s domestic note issuance programme, the BoB floats bonds and treasury bills each month to raise debt for government in the capital market.
At the auctions, primary dealers, who are exclusively banks, compete to lend to the government by offering the yields they seek. The BoB decides the yield or the 'interest' level it is willing to pay the dealers on the particular securities on offer.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...