• Nene's SAA nemesis

    No political figure seems to have the guts to speak out against Dudu Myeni, says Solly Moeng.

  • The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

  • Don't take us for fools

    It's time for businesses to stop thinking consumers are gullible, says Mandi Smallhorne.

All data is delayed
See More

Bond markets firm despite soft rand

Dec 10 2012 13:46
I-Net Bridge
markets,mohamed mursi

Share prices on the Egypt Exchange declined over 10%, after President Mohamed Mursi assumed sweeping powers that sparked clashes and polarised the country's politics. (AFP)

Related Articles

Risks seen for rand in data heavy week

Bonds firm after Sarb data

Bonds firm on stronger rand

Rand softens, bonds rise

Bonds firm after auction

Bonds firm after ILB auction

Johannesburg - The long end of the South African bond market was firmer in quiet midday trade on Monday despite a softer rand.

“The long end is firm as that is where foreigners look to pick up stock‚ but otherwise the market is steady despite the weaker rand‚” a local bond trader said.

At 11.41am‚ the benchmark R186 was trading at 7.330% from 7.350% at Friday’s close and 7.420% at Thursday’s close.
The R157 was trading at 5.460%‚ unchanged from its previous close. The R207 was bid at 6.395% and offered at 6.385%‚ from its previous close of 6.410%.

The rand was bid at R8.6883/$ from Friday’s close of R8.6708 and Thursday’s close of R8.6886.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

bonds  |  rand  |  markets



Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote