| BOND NAME | ANNUAL INTEREST RATE (COUPON) | MATURITY DATE | YIELD TO MATURITY (YTM) | PRICE PER 100 |
|---|---|---|---|---|
| TBILL | 10 JUN 2015 | 1.90% | 99.938 | |
| TBILL | 09 SEP 2018 | 2.70% | 99.244 | |
| BW003 | 10.25% | 31 OCT 2015 | 3.60% | 103.54208 |
| BW005 | 10.00% | 12 SEP 2018 | 4.55% | 118.57660 |
| BW007 | 8.00% | 10 MAR 2025 | 5.65% | 119.20236 |
| BW008 | 7.75% | 08 SEP 2020 | 5.20% | 113.35204 |
| BW010 | 7.75% | 14 MAR 2015 | 4.30% | 107.48475 |
| BW011 | 7.75% | 10 SEPT 2031 | 5.95% | 120.27788 |
NB. Interest or coupons are paid out semi-annually and are fixed. Prices and yields will vary daily and over time.
| BOND NAME | ANNUAL INTEREST RATE (COUPON) | MATURITY DATE | YIELD TO MATURITY (YTM) | PRICE PER 100 |
|---|---|---|---|---|
| TBILL | 10 JUN 2015 | 1.90% | 99.938 |
The investor will pay (P10 000.00 x 99.938%) = P9,993.80.
On maturity the investor will receive P10 000.00. The difference of P6.30 will represent the return on the Treasury Bill investment.
First National Bank of Botswana offers customers an opportunity to invest in Botswana Government issued Bonds and Treasury Bills.
A number of years ago, the Botswana Government decided to assist in the growth of a stable and vibrant capital market in the country. The Government therefore decided to issue debt instruments in the form of bonds and treasury bills. These are issued on a quarterly basis.
To assist in this growth, First National Bank Botswana offers customers an opportunity to invest in Botswana Government issued Bonds and Treasury Bills (TBILLS).
Treasury Bills trade on a discount yield basis. Treasury Bills do not have a coupon or interest rate like bonds.
