Johannesburg - Bonds were flat in early trade on Monday
morning, with little fresh news to offer direction. US markets are closed on
Monday for Independence Day celebrations.
the short-term government R154 bond was bid at 6.680% after closing at 6.660%
on Friday and the medium-term R157 was at 7.930% from 7.910% at its previous
close. The long-term R186 was bid at 8.955 from 8.925 at its previous close.
was bid at R7.6930 to the dollar from R7.7311 at its previous close.
A local trader said bonds were
flat and "pretty-much" unchanged from Friday's closing levels.
very quiet start to the day, bonds are pretty much at the same levels they were
last week Friday. There's not much activity planned for today, so we'll keep an
eye on the rand." said a local trader.
local economic data due out on Monday, local markets will eye their global
counterparts for direction.
were net buyers of R717.265m of South African bonds including repo
transactions on Friday after net purchases of R450.017m of local
bonds on Thursday, Bond Exchange of South Africa statistics show.
cumulative volume was R32.087bn on Friday from R37.202bn on
were net buyers of R717.302m of South African bonds excluding repo
transactions on Friday after net purchases of R451.941m of local
bonds on Thursday.
year to date foreigners have been net buyers of R38.257bn worth of
local bonds, excluding repo transactions.
for total transactions, including repo transactions, foreigners have been net
buyers of R33.831bn worth of bonds.
foreigners were net buyers of R27.755bn worth of local bonds,
excluding repo transactions, while for total transactions, including repo
transactions, foreigners were net sellers of R2.424bn worth of bonds.
- I-Net Bridge