{"id":9135,"date":"2012-03-20T15:22:12","date_gmt":"2012-03-20T13:22:12","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/s-africas-bonds-weaken-rand-steady\/"},"modified":"2012-03-20T15:22:12","modified_gmt":"2012-03-20T13:22:12","slug":"s-africas-bonds-weaken-rand-steady","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-bonds-weaken-rand-steady\/","title":{"rendered":"S.Africa&#8217;s bonds weaken, rand steady"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Inflation expected to breach Reserve Bank target<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Rand steady, seen range-bound<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, March 20<\/span> (Reuters) &#8211; South Africa&#8217;s bonds<br \/>\nweakened and the rand steadied on Tuesday as trading was thin<br \/>\nahead of a public holiday and the release of inflation later in<br \/>\nthe week.<\/p>\n<p><span><\/span><\/p>\n<p>The government will release employment statistics for the<br \/>\nfourth quarter of last year at 0930 GMT, providing details on<br \/>\nthe labour market in Africa&#8217;s largest economy.<\/p>\n<p><span><\/span><\/p>\n<p>The rand was trading at 7.5418 versus the greenback<br \/>\nat 0601 GMT, little changed from Monday&#8217;s close of 7.5432.<\/p>\n<p><span><\/span><\/p>\n<p>Treasury will auction 2.1 billion rand ($279 million) of<br \/>\nbonds spread equally between the 2018, 2026<br \/>\nand 2031 bonds at 0900 GMT.<\/p>\n<p><span><\/span><\/p>\n<p>Local dealers expect participation to be lower than in<br \/>\nprevious auctions due to the holiday.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;There is a little bit reluctance to hold on to risk given<br \/>\nthat there is a holiday between now and CPI release,&#8221; said<br \/>\nDaniel Sabiston, a bond dealer at Absa Capital.<\/p>\n<p><span><\/span><\/p>\n<p>Markets will be closed on Wednesday for the holiday.<br \/>\nFebruary CPI is set for release on Thursday and is expected to<br \/>\nshow that inflation had breached the Reserve Bank&#8217;s 6 percent<br \/>\ntarget.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Inflation expected to breach Reserve Bank target * Rand steady, seen range-bound JOHANNESBURG, March 20 (Reuters) &#8211; South Africa&#8217;s bonds weakened and the rand steadied on Tuesday as trading was thin ahead of a public holiday and the release of inflation later in the week. The government will release employment statistics for the fourth [&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-9135","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\/9135","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=9135"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9135\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}