ADBF - African Domestic Bond Fund

Apr 25, 2025 at 14:23 Twitter · Facebook

ADBF share price on Botswana Stock Exchange

African Domestic Bond Fund is a public company with limited liability incorporated on 4th May 2017 under the laws of Mauritius (business registration number C17146994) and authorized as a “Collective Investment Scheme” (“CIS”) pursuant to the Securities Act 2005 of Mauritius and further categorized as a “Global Scheme” under the Securities (Collective Investment Schemes and Closed End Funds) Regulations 2008 by the Financial Services Commission of Mauritius on 22nd May 2017.

ADBF is a foreign debt securities CIS structured as an Exchange Traded Fund (“ETF”),which aims to track in a cost-efficient manner the performance of the AfDB/AFMISM Bloomberg® African Bond Index 25% Capped (the “Index”) – Ticker BADBC – before fees and expenses, by investing principally in the sovereign bonds of African countries. ADBF’s total return as at 29 July 2022 is 30.8% (in USD) and 52.2% (in BWP).

African Domestic Bond Fund is listed on the Botswana Stock Exchange (BSE) since September 15th, 2022. African Domestic Bond Fund is traded on the BSE under the ticker symbol “ADBF”. The International Securities Identification Number (ISIN) of BSE:ADBF is MU0607S00004. African Domestic Bond Fund is currently the 26th most valuable stock on the BSE with a market capitalization of BWP 479 million, which makes about 0.066% of the Botswana Stock Exchange equity market.

ADBF Stock Market Performance

The current share price of African Domestic Bond Fund (ADBF) is BWP 88.61. ADBF closed its last trading day (Thursday, March 20, 2025) at 88.61 BWP per share on the Botswana Stock Exchange (BSE), recording a 0.2% drop from its previous closing price of 88.79 BWP. African Domestic Bond Fund began the year with a share price of 86.02 BWP and has since gained 3.01% on that price valuation, ranking it ninth on the BSE in terms of year-to-date performance.

African Domestic Bond Fund is the 34th most traded stock on the Botswana Stock Exchange over the past three months (Jan 27 - Apr 25, 2025). ADBF has traded a total volume of 585 shares—in 6 deals—valued at BWP 50,908 over the period, with an average of 9 traded shares per session. A volume high of 521 was achieved on March 5th for the same period. The table below details the last 10 trading days of activity of African Domestic Bond Fund on the Botswana Stock Exchange.

Profile of African Domestic Bond Fund

African Domestic Bond Fund was founded on May 4, 2017 and operates in the Financials sector, specifically, the Investment Services industry.

ADBF Industrial Market Competitors

African Domestic Bond Fund, issuers of the ADBF stock on the Botswana Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange