Govt seeks P3.1 billion in August debt auction

The government plans to raise P3.1 billion from the domestic market on 28 August, continuing its heavy reliance on monthly debt auctions to finance the budget deficit.

The Bank of Botswana will conduct the auction on behalf of the Ministry of Finance under the existing P55 billion domestic note programme. The offering comprises P1.5 billion in three-month Treasury bills maturing on 2 December 2026, P1 billion in six-month bills maturing on 3 March 2027, and P600 million in reopened longer-term government bonds.

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The post Govt seeks P3.1 billion in August debt auction first appeared on Sunday Standard and is written by Sunday Standard Reporter