Government Bonds
latest news & developments
Eskom a ‘bond-buying’ opportunity
The utility may struggle to keep the lights on, but its debt is attractive to international investors.
South Africa sells $2-billion of government bonds
South Africa has sold $2-billion of 12-year bonds in overseas debt markets after boosting the size of the offering.
Rand leads currency declines as bond yields rise to year high
The rand fell and bond yields rose on Monday morning, as lower commodity prices reflected soft Chinese industrial production figures.
Investors jittery, rand retreats as Mangaung looms
The rand retreated from a tough resistance barrier and languished in a recent range as uncertainty about the ANC election has kept investors jittery.
SA becomes Africa’s first to join global bond index
South Africa is to become the first African government bond market to be included in the World Government Bond Index.
SA stocks reach biggest daily gain in 16 months
State bonds fell and yields climbed as SA’s benchmark stocks booked their biggest daily gain in 16 months, breaking a three-day losing streak.
Transnet, Eskom bonds rated higher than US
Transnet and Eskom bonds are now more highly rated than US government bonds, according to the latest ratings by Fitch and Moody’s Investments.
Europe woes could raise SA bonds, says Treasury
The debt crisis in Europe could hit local bonds if it worsens, pushing yields higher than expected as the continent holds 35% of government’s debt.
SA government bonds firm on demand
Government bonds have firmed, taking yields on the longer-dated bonds to multi-month lows due to hefty offshore demand.