Topsy curvy

Interest Rates

risk-081001-43-gif

South Africa has been mostly spared the torrid conditions experienced elsewhere across the globe during the past year, a result of the credit contagion spread by souring US subprime mortgages. The local fixed-income market, however, has been far from quiet.

A series of surprise events has seen interest rates shoot up and down in recent months. From the end of May, hawkish remarks by the central bank governor, combined with a rethink in the way inflation is calculated - and an ensuing war of word

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: