by sundelbolong | Jun 5, 2020 | Business & Finance News
The SA Reserve Bank again purchased over R10 billion worth of SA government bonds in May, as it continues to inject liquidity into the market amid the economic shock of the Covid-19 pandemic. The central bank purchased R10.2 billion in government bonds on the...
by sundelbolong | May 9, 2020 | Business & Finance News
Capitec’s* annual results for the year ended 29 February teach us two important things right now. Firstly, while they were excellent, results to 29 February of this year are meaningless. Anything before Covid-19 became a pandemic is interesting but tells us...
by sundelbolong | May 8, 2020 | Business & Finance News
The Reserve Bank bought R11.4 billion worth of government bonds during April, as part of its measures to introduce liquidity to the market. In March, the bank only bought R1 billion bonds. This is part of the raft of measures the Reserve Bank announced on 25 March, to...
by sundelbolong | May 7, 2020 | Business & Finance News
General Motors is selling $4 billion of bonds in its latest move to shore up liquidity in the pandemic. The automaker is offering junk-like yields on a three-part sale in an effort to maintain investment-grade ratings. The longest portion, a seven-year security, will...
by sundelbolong | May 4, 2020 | Business & Finance News
Bonds gained and the rand rallied after South Africa’s exit from a fixed-income index tracked by funds overseeing trillions of dollars was finalised, removing a key risk overhanging the country’s markets. The country’s debt was officially ejected from the FTSE World...
