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Gov’t aims for P3.5bn in fresh debt bid

Friday, May 23, 2025 | 200 Views |

The Bank of Botswana (BoB) was this week due back in the capital market seeking P3.5 billion in debt for government, the latest in increasingly difficult and costly fundraising efforts to support the budget.

Government is counting on its domestic debt programme to primarily support the forecast P22.1 billion deficit for the 2025–2026 financial year, with external loans playing a smaller role.

However, bidders at the monthly auctions of the government notes have increasingly pressed for higher returns for the funds they are lending government, resulting in the BoB missing the debt targets consistently since July last year.

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Gov’t aims for P3.5bn in fresh debt bid

The Bank of Botswana (BoB) was this week due back in the capital market seeking P3.5 billion in debt for government, the latest in increasingly difficult and costly fundraising efforts to support the budget.

Human rights are sacred

Bakgatla Ba Kgafela celebrate as Kgosi Kgafela’s charges are dropped

First Lady's office hosts second annual thanks giving ceremony

PSLE performance on upward trend

Bona Life tee-off Maruapula Loxion Golf journey

Cops arrest young man, seize dagga in Metsimotlhabe

Second Mogoditshane rape attack in two weeks

Suspected suicide behind Sir Seretse Khama Barracks

Human rights are sacred