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Foreigners scoop up SA bonds

Johannesburg - Foreigners were net buyers of R1.436bn of South African bonds including repurchase agreements in the week ended December 30, after net sales of R895.549m of local bonds the week before, JSE figures show.

This brought net purchases including repurchase agreements for 2011 to R37.501bn.

In 2010 foreigners bought net R44.541bn of local bonds including repurchase agreements, after net sales in 2009 of R3.293bn worth of bonds.

Foreigners were net buyers of R1.413bn of South African bonds excluding repurchase agreements last week, after net sales of R881.239m of local bonds the week before.

This brought net purchases excluding repurchase agreements for 2011 to R47.359bn.

In 2010 foreigners bought net R57.064bn of local bonds excluding repo transactions, after net purchases in 2009 of R27.346bn worth of local bonds.
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