Yields fall as BoB raises P5.1bn for gov’t

Under government’s domestic note issuance programme, the BoB floats bonds and treasury bills each month to raise debt for government in the capital market. At the auctions, primary dealers, who are exclusively banks, compete to lend to the government by offering the yields they seek. The BoB decides the yield or the ‘interest’ level it is willing to pay the dealers on the particular securities on offer.

“Desperate people do desperate things”– Michael BrooksHowever, this desperate pursuit of employment comes with its own negative outcomes. Therefore, Batswana must guard against becoming easy targets for human traffickers, labour exploiters and other transnational criminal networks that prey on vulnerable job seekers.Numbers don’t lie. The recent revelation by the Botswana Police Service that 22 Batswana have been reported missing after…