Reserve Bank takes up R10.2bn in government bonds in May
The Bank began the asset purchase programme to ease dislocations in the market and ensure price discovery
05 June 2020 - 09:00
UPDATED 05 June 2020 - 11:40
The SA Reserve Bank upped its holdings of government bonds by R10.2bn in May, as part of the bond-buying programme introduced to address pandemic-related disruptions in the market and inject liquidity into SA’s financial system.
May’s take-up is slightly less than the R11.4bn bought in April, according to data released on Friday...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.