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.
“Ignore the noise, focus on your work”- AnonymousAs the DG of such a controversy-ridden institution, you really played your part in the fight against corruption and economic crime. Your stay at the helm of the DCEC was quickly paying dividends under your stewardship. During your tenure, there was a lot of action as those caught on the wrong side of the law were brought to court regardless of their economic or political status. We have learnt...