BoB raises P3.1bn as improved budget outlook could ease borrowing needs

Sunday Standard

BoB raises P3.1bn as improved budget outlook could ease borrowing needs

The Bank of Botswana raised P3.1 billion at its September government securities auction, taking estimated net securities financing for the first half of the 2026/27 financial year to about P6.45 billion. The borrowing comes against an improved budget outlook that could reduce the government’s original financing requirement.

The September 24 auction attracted P9.05 billion in bids. The central bank allotted P1 billion in three-month Treasury bills (T-bills), P1.5 billion in six-month bills and P600 million in bonds. After P1.65 billion in T-bill maturities, the sale generated about P1.45 billion in net financing.

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The post BoB raises P3.1bn as improved budget outlook could ease borrowing needs first appeared on Sunday Standard and is written by Sunday Standard Reporter