• Accoutable government

    Mandi Smallhorne says government should be taken to court for its wasteful expenditure.

  • Inside Labour

    Terry Bell explores the connection between poultry, poverty and desperation.

  • A new ANC sweeper?

    Have the Guptas' new auditors mastered how to look the other way on cue, asks Solly Moeng.

All data is delayed
Loading...
See More

Bonds firm on stable rand

Jan 02 2013 12:13
I-Net Bridge
Johannesburg - The South African bond market was firm in thin midday trade on Wednesday on a stable rand.

The National Treasury announced at 11:00 that it will auction R1.1bn worth of R213 bonds and R1bn worth of R2048 bonds in the first weekly auction of the year on January 8.

“We are firmer on the back of a stable rand‚ but apart from that there is little to move the market‚” a local bond dealer said.

At 11:45 the benchmark R186 was trading at 7.250% from a previous close of 7.265%. The R157 was trading at 5.310% from 5.325% previously and the R207 was bid at 6.270% and offered at 6.240% from its previous close of 6.270%.

The rand was last bid at R8.4587/$ from R8.4517 previously.
markets bonds

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...