Foreigners sell net R4.118bn bonds

Johannesburg - Foreigners were net sellers of R4.118bn of South African bonds including repurchase agreements in the week ended May 7, after net purchases of R96.671m of local bonds the week before, figures from the Bond Exchange of South Africa show.

This brought net purchases including repurchase agreements for 2010 year to date to R24.748bn.

In 2009 foreigners were net sellers of bonds including repurchase agreements of R2.424bn. In 2008 foreigners were net sellers of R40.729bn worth of South African bonds, including repurchase transactions.

Foreigners were net sellers of R4.223bn of South African bonds excluding repurchase agreements last week, after net purchases of R89.955m of local bonds the week before.

This brought net purchases excluding repurchase agreements for 2010 to date to R28.103bn.

In 2009 foreigners were net buyers of bonds excluding repurchase agreements of R27.346bn.    

Foreigners were net buyers of local bonds to the tune of a revised R6.594bn in 2007, including repurchase agreements, after net purchases of R31.997bn in 2006 and net sales of R7.106bn worth of local bonds in 2005.

 - I-Net Bridge