Treasury borrowing hits halfway mark as bond issuance lags

Sunday Standard

Treasury borrowing hits halfway mark as bond issuance lags

The Bank of Botswana will seek P3.1 billion from domestic investors on September 24, taking government securities financing past the halfway mark for the 2026/27 financial year, although Treasury bill issuance has already reached its annual target while bond sales remain behind schedule.

The central bank will offer P1 billion in three-month bills, P1.5 billion in six-month bills and P600 million in reopened bonds maturing in 2029, 2043 and 2050. The auction is the sixth of 2026/27 and the first under the expanded P85 billion Note Programme.

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The post Treasury borrowing hits halfway mark as bond issuance lags first appeared on Sunday Standard and is written by Sunday Standard Reporter