Mmegi

BSE moves to open bond market to ordinary citizens

Alternative pathways: Monyatsi is seeking more room for retail investors PIC: MORERI SEJAKGOMO
Alternative pathways: Monyatsi is seeking more room for retail investors PIC: MORERI SEJAKGOMO

The Botswana Stock Exchange (BSE) has announced intentions to boost liquidity and activity through opening the bond market to retail traders.

The exchange says the current bond market is primarily accessible to institutional investors such as pension funds and large commercial entities.

Retail bonds are an ‘IOU’ in which an investor agrees to loan money to an individual, company, or government in exchange for a predetermined interest rate. Retail trade of bonds is more common in developed capital markets such as Wall Street which has some retail traders holding their pensions in popular stocks.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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