The banking sector will be in a vulnerable position if the national treasury does not stabilise its debt
Investors come to a balanced fund because they want growth
Local and global factors — including the Eskom bailout and US-China trade tensions — are weighing on the appetite for government debt
New proposals will give the stock exchange greater oversight and introduce more transparency
Metals, oil, currency, bonds … Which ones should we pay attention to and why?
The arms company is certain it can refinance its debt but investors are wary after Futuregrowth’s decision to end lending to state-owned enterprises.
At least a dozen sub-Saharan Africa countries have raised debt through sovereign bonds. The chickens are now coming home to roost.
The utility may struggle to keep the lights on, but its debt is attractive to international investors.
Foreign investors offloaded more rand-denominated debt than what they bought last year, as demand for emerging market bonds declined.
African Bank says holders of its debt cannot ask for an early repayment of its bonds, despite being downgraded to "junk" status last week.
The Reserve Bank says the outflows from bond and equity markets since January has been double the entire amount that flowed into our shore in 2013.
South African bonds were strengthened as the currency appreciated somewhat, but some analysts feel the bolstering is a temporary one.
The South African bond market was weaker on Thursday morning due to a weaker rand and uncertainty about the political environment.
Eskom, which produces 95% of South Africa’s electricity, will look to sell more debt as its projects to build more capacity remain on schedule.
South African bonds have been pulled down by the depreciating rand.
The rand was volatile as it anticipated Tuesday’s release of data on the current-account deficit.
The rand has slumped to the weakest level in two and a half months against the dollar as a bond sell off reached the longest streak since May.
But analysts warn that SA is facing more fundamental problems in the economy.
Yields on 13-year bonds have risen the most in seven months, amid a selloff by foreign investors on speculation a weakening rand will stoke inflation.
The rand flirted briefly at its weakest level in more than two weeks after worries that job cuts in the mining sectors could spark violent protests.
The Reserve Bank has reported that the current account deficit for the fourth quarter of 2012 came in higher than expected at 6.5% of the GDP.
SA may issue five new bonds this week, helping to plug a 10-year benchmark gap and extend the government yield curve by a further seven years.
Greece will be ruled in default on its debt as a result of a new eurozone plan, Fitch ratings agency said on Friday.
South Africa’s PPI registered growth of 6.9% year-on-year in May from 6.6% year-on-year in April, Stats SA data showed.
How to understand the inverse relationship between bond prices and interest rates.
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/ 30 January 2009
South African bonds overlooked a weaker rand to open firmer on Friday after credit extension and money supply data surprised to the downside.
FNB and the banking ombudsman have agreed that FNB’s criteria for reassessing some home loans are ”fair and equitable”.
FNB says it is not withdrawing already approved bonds, but rather ”reassessing” those bonds where homes have not yet been transferred.