Investors don't want South African bonds

Bradley Prior

MyBroadband Journalist
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Investors don't want South African bonds

There’s still a month to go until Moody’s Investors Service reviews South Africa’s sovereign rating, but foreign investors aren’t taking chances.

Overseas ownership of South African government debt fell to 37% of the total at the end of August, from as high as 43% in March 2018, according to National Treasury data. [Bloomberg]
 

Pythonista

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Dec 28, 2009
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If you can't trust a country's bonds ... that country is pretty much poked. It's tickets. The show is over .... reminds me a bit of the Python's Dead Parrot sketch. That's where we are.
 

Gaz{M}

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There will always be a buyer, if the interest rate is high enough. This is not about "not wanting", it is about reducing risk and exposure at current bond interest rates offered.
 
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