South Africa has raised $5 billion in its largest ever Euro Bond sale. South African last spent in the Euro Bond market in May 2018 when they issued a $2 billion of 12 and 30 year debt. Joining CNBC Africa for more is Rashaad Tayob, Fund Manager at Abax investments.
Why this fund manager thinks foreign currency debt could a be bad thing SA in the long run
PUBLISHED: Thu, 26 Sep 2019 11:28:21 GMT