SA back in eurobond market on growing Eskom concern

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

'Average yields on SA’s dollar bonds fell 163 basis points between the start of the year and early September to 4.7%'

SA is back in the eurobond market for the first time since May 2018, looking to offer securities with returns that compensate investors for mounting fiscal woes.

, according to JPMorgan Chase’s indices, amid a dovish turn by global central banks. They have since climbed to 4.95% as concern mounts over the financial burden of state-owned enterprises, such as Eskom.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines