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Bonds keep firmer bias in quite trade

Feb 08 2013 16:26
I-Net Bridge
Johannesburg - The South African bond market was unchanged in late trade on Friday from midday levels amid lack of fresh news to offer direction.

At 3:38 the benchmark R186 was trading at 7.275% from 7.310% at Thursday’s close. The R157 was trading at 5.290% from 5.310% at its previous close and the R207 was bid at 6.275% and offered at 6.245% from its previous close of 6.280%.

The rand was last bid at R8.9210/$ from R8.9115/$ overnight.

The Reserve Bank earlier allotted R3 685bn of three-month treasury bills at an average discount rate of 5.04%‚ R1 515bn worth of six-month treasury bills at an average discount rate of 5.11%‚ R1 130bn worth of nine-month treasury bills at 5.06% and R450m worth of 12-month treasury bills at an average discount rate of 4.99%.


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bonds  |  markets

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