SA’s bonds are approaching their strongest level in almost 15 months, strengthening along with their peers in major economies on Wednesday, as investors celebrated the nomination of Christine Lagarde as the new head of the European Central Bank.

The choice of Lagarde makes it more likely that the loose policy that has helped drive bond yields in Europe to record lows and yield-hungry investors to higher-yielding markets such as SA will be maintained...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now