Botswana: bonds

Botswana Stock Exchange (BSE), based in Gaborone, is given the responsibility to operate and regulate the equities and fixed interest securities market. Formally established in 1989, the BSE continues to be pivotal to Botswana’s financial system, and in particular the capital market, as an avenue on which government, quasi-government and the private sector can raise debt and equity capital. Although the BSE has just under 40 companies listed, it plays host to the most pre-eminent companies doing business in Botswana. These companies represent a spectrum of industries and commerce, from Banking and financial services to Wholesaling and Retailing, Tourism and Information Technology.
To date, the BSE is one of Africa’s best performing stock exchanges, averaging 24% aggregate return in the past decade. This has allowed the BSE to be the third largest stock exchange, in terms of market capitalization, in Southern Africa.

Outstanding bond issues

Сurrency Outstanding bond issues Cumulative volume
sovereign
BWP 5 7 540 000 000
corporate
ZAR 3 550 000 000

Sovereign rating

Rating AgencyRatingRating scaleDate
Dagong Credit *** International scale rating (foreign curr.) ***
Dagong Credit *** International scale rating (local curr.) ***
Organisation for Economic Co-operation and Development (OECD) *** Country Risk Classifications ***
Moody's Investors Service *** LT- foreign currency ***
Moody's Investors Service *** LT- local currency ***
S&P Global Ratings *** Foreign Currency LT ***
S&P Global Ratings *** Local Currency LT ***
Registration required. Please log in or fill in the registration form.

Latest bond issues

issue ISIN coupon volume end of placement maturity date
Letshego Holdings, 14.3% 14nov2019, ZAR - International bonds ZAG000132259 14.3% 35 000 000  ZAR 12/13/2016 11/14/2019
Letshego Holdings, 13.32% 14dec2018, ZAR - International bonds ZAG000132242 13.32% 180 000 000  ZAR 12/14/2015 12/14/2018
Letshego Holdings, FRN 14nov2018, ZAR - International bonds ZAG000132234 3 month JIBAR + 5.5% 335 000 000  ZAR 12/11/2015 11/14/2018
Botswana, 6 13jun2040 - Domestic bonds BW0000001437 6% 886 000 000  BWP 05/19/2015 06/13/2040
Botswana, 7.75 10sep2031 - Domestic bonds BW0000001213 7.75% 1 653 000 000  BWP 08/30/2013 09/10/2031
Botswana, 7.75 8sep2020 - Domestic bonds BW0000000934 7.75% 1 564 000 000  BWP 04/28/2010 09/08/2020
Botswana, 8 10mar2025 - Domestic bonds BW0000000876 8% 1 629 000 000  BWP 03/05/2010 03/10/2025
Botswana, 10 12sep2018 - Domestic bonds BW0000000645 10% 1 808 000 000  BWP 03/03/2008 09/12/2018

Currencies

Daily indices

Type: 04/21/2017 04/20/2017 04/19/2017 04/18/2017 04/17/2017 04/14/2017 04/13/2017
Exchange Rates (Emerging Markets)
USD/BWP 10.3922 10.3987 10.4457 10.4717 10.5727 10.5822 10.5592
show other indices

Macroeconomic Indicators (World economy)

Monthly indices

Type Mar 2017 Feb 2017 Jan 2017
Inflation Rate (World), % to the same period of the previous year
Inflation Rate (Botswana) 3.40 3.40 3.10
show other indices

Yearly indices

Type 2015 2014
Government Debt to GDP (World), %
Government Debt to GDP(Botswana) 22.70 22.80