• Three cheers for Thuli

    Where are South Africa’s men and women of honour, asks Mandi Smallhorne.

  • Structure your pension

    An expert explains the ins and outs of different types of retirement annuities.

  • Inside Labour

    Without radical policy change SA's social fabric will continue to fray, says Terry Bell.

Data provided by iNet BFA
Loading...
See More

Bonds hardly changed in thin trade

Dec 27 2012 14:29 I-Net Bridge

Related Articles

Bonds untraded as markets reopen

Bonds untraded in early trade

Bonds off best level on profit taking

Bonds firm on low volumes

Bonds a tad firmer on low volumes

Bonds close session untraded

 
Johannesburg – The South African bond market was very quiet on Thursday at noon‚ with most participants away on holiday.

“There is not much to say about the market because there is not much activity over the holidays. Some bonds have ticked up or down a basis point or two‚ but that’s on very thin volumes‚” a local bond trader said.

The bond market is expected to be very quiet on Thursday‚ after the market was closed on Tuesday and Wednesday for the Christmas and Day of Goodwill holidays and will probably remain quiet until the second week in January.

Nominal cumulative volume on Monday was a mere R4bn from R39bn last Friday‚ giving an indication of just how little has been going on in the bond market this week.

At 11:35‚ the benchmark R186 was bid at 7.235% and offered at 7.225% from a previous close of 7.210%. The R157 was bid at 5.310% and offered at 5.300% from a close of 5.290% and the R207 was bid at 6.255% and offered at 6.235% from a close of 6.230%.

The rand was last bid at R8.5248/$ from R8.5657 previously.

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

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
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

“Hippie sense makes business sense,” an entrepreneur said, adding that "purpose" was core to success.
 

Money Clinic

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