{"id":10759,"date":"2012-05-28T10:13:05","date_gmt":"2012-05-28T08:13:05","guid":{"rendered":"http:\/\/www.myza.co.za\/05\/s-africa-rand-firms-bonds-steady\/"},"modified":"2012-05-28T10:13:05","modified_gmt":"2012-05-28T08:13:05","slug":"s-africa-rand-firms-bonds-steady","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africa-rand-firms-bonds-steady\/","title":{"rendered":"S.Africa rand firms, bonds steady"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Rand firms against dollar<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Bonds hold steady<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG<\/span> May 28 (Reuters) &#8211; South Africa&#8217;s rand firmed<br \/>\nagainst the dollar on Monday as opinion polls suggested Greece<br \/>\nmay remain in Europe&#8217;s single currency, boosting global<br \/>\ninvestors&#8217; sentiment towards riskier emerging market assets.<\/p>\n<p><span><\/span><\/p>\n<p>The rand had jumped 1.47 percent to 8.2754 against the<br \/>\ndollar at 0652 GMT, from Friday&#8217;s New York close of 8.4050.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The market was a bit oversold last week. A lot of bets<br \/>\nagainst the euro saw the euro down at 1.25,&#8221; said Brigid Taylor,<br \/>\nhead of Institutional Sales at Nedbank.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We have consequently had a bounce over the weekend post<br \/>\nnews that the pro-austerity party is getting the lead,&#8221; added<br \/>\nTaylor.<\/p>\n<p><span><\/span><\/p>\n<p>Opinion polls placed Greek conservatives ahead of their<br \/>\nrivals for a June 17 general election, triggering covering of<br \/>\nmassive short positions on hopes Athens may agree to austerity<br \/>\nsteps and avoid a euro exit.<\/p>\n<p><span><\/span><\/p>\n<p>Yields on benchmark bonds eased half a basis point, with<br \/>\nthat on the three-year paper moving to 6.345 percent<br \/>\nand that on the longer-dated 2026 issue to 8.31<br \/>\npercent.<\/p>\n<p><span><\/span><\/p>\n<p>(Reporting By Tshepo Tshabalala; Editing by Ed Cropley)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Rand firms against dollar * Bonds hold steady JOHANNESBURG May 28 (Reuters) &#8211; South Africa&#8217;s rand firmed against the dollar on Monday as opinion polls suggested Greece may remain in Europe&#8217;s single currency, boosting global investors&#8217; sentiment towards riskier emerging market assets. The rand had jumped 1.47 percent to 8.2754 against the dollar at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10759","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10759"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10759\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}