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The bank's deposits increased 17% and there was strong growth in Bank of Botswana Certificates.
However, nonresidents will still not be allowed to buy Bank of Botswana Certificates (BOB-Cs), repurchase agreements or any other market instruments whose purpose is to mop-up excess liquidity in the domestic financial systems.
Stockbrokers Botswana is continually developing the money market opportunities in Bostwana, one of Africa's better run economies, and the firm also trades bonds and Bank of Botswana certificates on behalf of investors.