EDITORIAL: Bond market reforms a long time coming

About a decade after it acquired the Bond Exchange of SA and became what it now proudly calls the largest regulator of the continent’s listed debt market, the JSE is finally hammering out a new set of standards that will improve the listings requirements for such instruments.

The total value of the local debt market is about R1.8-trillion, according to the JSE, and more than half of that is placed by the government, with the rest issued by by state-owned institutions such as Eskom; local companies and other African countries. What they want is hardly controversial, a level of disclosure similar to that required from equity instruments, for a start. In short, more transparency. Stronger listings rules should make the bond market a better place for investors.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Banks fight moves to protect bond market investors, says FuturegrowthStringent listings requirements help safeguard equity shareholders, but there are divisions over how to strengthen the hand of investors in SA’s corporate bond market
Source: BDliveSA - 🏆 12. / 63 Read more »

CHRIS GILMOUR: The dangerous and murky shark tank of SA’s listed bond marketThe JSE has been reformed and stockbroker hooligans removed, but bond institutions lag behind
Source: BDliveSA - 🏆 12. / 63 Read more »

Daniel Craig makes his final outing as James Bond - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Daniel Craig, whose final outing as 007 was unveiled on Thursday, is the longest-serving James Bond, but perhaps not always the most enthusiastic. Useless Actor
Source: SABC News Online - 🏆 32. / 51 Read more »