• Labour Wrap

    Terry Bell says the labour movement in SA is currently in a state of confusion.

  • Will the NPA stand up?

    Solly Moeng wonders if the NPA head will reinstate criminal charges against president Zuma.

  • Commodity currency

    Jac Laubscher asks if the true exchange rate of the rand is really a cue from commodity prices.

All data is delayed
Loading...
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

NEXT ON FIN24X

 
 
 

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
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

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 drop in inflation:

Previous results · Suggest a vote

Loading...