source: Mmegi
By Wanetsha Mosinyi
Staff Writer

The Botswana Stock Exchange (BSE) will on Thursday host a conference on how to change illiquid assets into instruments that can be issued and traded on the stock exchange.

The conference will deliberate on how the BSE can develop the bond market and securatisation. The development of this instruments will help transform illiquid assets on the local capital market. The issue of securities provides companies with cash-ßow it receives today instead of in the future when payments or revenues from the assets are collected.

According to the BSE, the rationale for securitisation for corporations is that it provides a new and potentially cheap form of funding.

“For banks and Þnance companies that have successful loan programs but are faced with [continue reading]


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