Sunday Standard
BoB to auction P4.2 billion in Gov’t Securities
Botswana will seek P4.2 billion from investors through an auction of Treasury bills and government bonds on October 30, as the government continues to rely on domestic borrowing to finance its budgetary needs amid pressure on public finances.
The Bank of Botswana announced that the auction will be conducted under the P85 billion Government Note Programme, with settlement scheduled for November 4. The central bank reserves the right to adjust the amounts allocated to individual securities.
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The post BoB to auction P4.2 billion in Gov’t Securities first appeared on Sunday Standard and is written by Cedric Swanka