JOHANNESBURG, June 11 (Reuters) – South Africa has satisfied
all criteria for the World Government Bond Index for three
consecutive months and from October will be the first African
government bond market included in the index, Citigroup said.
“There are 11 South African government bonds eligible for
the WGBI. The market value of these bonds is $83.0 billion,
which represents a pro forma market weight of 0.41 percent in
the WGBI,” the company said in a statement.
(Reporting by Stella Mapenzauswa; Editing by Jon Herskovitz)
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