• Book review

    Through persuasion, good leaders can become the best leaders, says Ian Mann.

  • Water shortage

    Climate-related consequences are raising food prices, joblessness, crime, and instability.

  • High food prices

    Mandi Smallhorne looks beyond the weather as the cause for rising food costs.

All data is delayed
Loading...
See More

Bonds flat despite softer rand

Feb 06 2013 12:26
I-Net Bridge
Johannesburg - The South African bond market was flat in midday trade on Wednesday despite a softer rand.

“The performance of the rand has been disappointing‚ but so far we have avoided following the rand weaker. That may change when the US enters our market this afternoon‚” a local bond dealer said.

At 11:40 the benchmark R186 was trading at 7.330% from 7.340% at Tuesday’s close. The R157 was bid at 5.330% and offered at 5.310% from 5.320% at its previous close and the R207 was bid at 6.320% and offered at 6.290% from its previous close of 6.305%.

The rand was last bid at R8.8988/$ from R8.8203 at Tuesday’s close and R8.9085 at Monday’s close.

The National Treasury will auction R500m of R209 bonds‚ and R800m each of R214 and R2048 bonds on February 12. 

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

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 regulation of WhatsApp and other OTTs is:

Previous results · Suggest a vote

Loading...