SA back in eurobond market on growing Eskom concern

Sverige Nyheter Nyheter

SA back in eurobond market on growing Eskom concern
Sverige Senaste nytt,Sverige Rubriker

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

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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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