Tag: bonds

SA MPC Meeting: Will the SARB cut interest rates further?

The South African Reserve Bank is set to announce its policy rate decision this afternoon, will analysts divided on whether rates will remain unchanged or cut by a further 25 basis points.

Moody’s downgrades SA to junk

The action will result in South Africa's expulsion from the World Government Bond Index (WGBI), as a consequence those funds tracking this index as a benchmark will become forced sellers.

Moody’s to cut South Africa’s sovereign credit rating to junk – economists

Moody’s will cut South Africa’s sovereign credit rating later on Friday as a recession deepened by the impact of coronavirus frustrates economic reform efforts aimed at reducing government debt, a Reuters poll of economists found.

DMO: Foreign investors cut participation in bond market in 2019

Nigeria’s Debt Management Office says foreign investors cut their participation in Nigerian government bond auctions last year, buying just 4.39 of all bonds issued compared with 10.99 per cent bought in 2018. Ifueko Olotu, Team Lead, Treasury Coverage at Access Bank joins CNBC Africa for more.

Global real estate market an esteemed alternative for SA investors

The local real estate market has had a bleak outlook on the back of the strained South African economic backdrop. But the solution for investors may lie in the Global real estate market which has outperformed South African equities, bonds and listed property. Investors can get the opportunity to be exposed to developed market economies with healthy growth compared to the dismal results in the South African property sector. Fairtree Property Portfolio Managers Rob Hart and Ryan Cloete join CNBC Africa for more.

The recovery currency and bond yields since #Nene gate

On this day three years ago, the South African currency and bond market saw a huge slump against the dollar on the back of the Finance Minister reshuffle. Joining CNBC Africa to unpack the state of recovery since then is Rashaad Tayob, Portfolio Manager at ABAX Investments.

South African rand and government bonds strengthen, here’s why…

The rand was trading to a high of 14.8525 on Wednesday.

Nigeria eyes $2.5BN Eurobond sale in Q1 to refinance local debt

Nigeria will consider raising $2.5 billion through Eurobonds in the first quarter to refinance a portion of its domestic treasury bill portfolio at lower cost, the head of the Debt Management Office...
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