SA back in eurobond market on growing Eskom concern

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Malaysia News News

'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.

 

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