Corporates save the day as sentiment towards SOE and municipal bonds sours
Issuance in the fixed-income primary market surges 91% as companies raise capital
Issuance in the fixed-income primary market in SA surged 91% to R55.4bn in the last quarter of 2023 as a dozen corporates tapped the bond market to raise capital to fund growth projects.
The total 2023 issuances amounted to about R164bn, up 16% from the 2022 calendar year...
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