afrique du sud obligations daily analysis Hi friends
the daily chart of this market will experience with a very high probability a low trend in the coming days but at the same time it is better to be vigilant of the change towards the opposite direction of the market
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ZA30YThe structure of the downward sloping channel is indicating further downside with the ZA30Y. Which could possibly see the strengthening of the South African Rand. The reason behind the optimistic assessment of the economy, this could probably be tied to positive negotiations happening between China
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A graphical representation of the interest rates on debt for a range of maturities.
Related bonds
Frequently Asked Questions
The current yield rate is 11.855% — it's increased by 0.042% over the past week.
The current yield of South Africa 30 Year Government Bonds is 11.855%, whereas at the moment of issuance it was 7.245%, which means 63.63% change. Over the week the yield has increased by 0.042%, the month performance has showed a 3.49% increase, and it has fallen by −8.70% over the year.
Maturity date is when a debt comes due and all principal and/or interest must be repaid to creditors. For example, the South Africa 30 Year Government Bonds maturity date is Mar 31, 2053.
You can buy South Africa 30 Year Government Bonds through brokers — choose the one that suits your needs and go ahead. You can also purchase bonds directly from the issuing organization. Closely track the price dynamics and market news before making any decision.
A bond is a debt security issued by a corporation or a government. By buying bonds, investors loan the issuer money in return for an interest rate. By issuing bonds, the state receives funds that can then be injected into the economy, and corporations raise funds for new research or other operational activities. The alphanumeric code of government bonds represents the abbreviated name of the issuing state, as well as its time to maturity. For example, South Africa 30 Year Government Bonds is the South Africa government bonds with the maturity of 30 years.
Bonds can be of various maturities, e.g. short-term (less than three years), medium-term (four to 10 years), or long-term ones (more than 10 years). So South Africa 30 Year Government Bonds are long-term bonds — they have the maturity of 30 years.