Since the listing of SA's first corporate bond on the Bond Exchange of SA (Besa) by SA Breweries in 1994, the market's growth has been spectacular. Since the end of 1999, the nominal value of listed corporate debt instruments has increased eleven-fold to R125bn and now represents 20% of all Besa listings.

 

Financial Mail Corporate Report
 7 October 2005

Bond Exchange of SA
CONTENTS
    		• Overview - Vote of confidence
    		• Corporate bonds - SA favours 'buy and hold'
    		• Rating agencies - Score assesses risk of default
    		• Broadening the market - Wanted: more high yielders
    		• Securitisation - Innovations keep investors keen

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    Copyright: Financial Mail 2005

     

     


    Marilize Petzer

    Allen Jones

    Andrew Canter

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