SA back in eurobond market on growing Eskom concern
Average yields on SA’s dollar bonds fell 163 basis points between the start of the year and early September to 4.7%
23 September 2019 - 18:09
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.
The government is marketing 10- and 30-year dollar securities with yields of between 5% and 5.125%, and about 5.875%, respectively, according to a person familiar with the transaction who asked not be identified because they are not authorised to speak about it...
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