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.
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