{"id":9371,"date":"2012-03-27T15:35:37","date_gmt":"2012-03-27T13:35:37","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/s-africas-rand-and-bonds-steady\/"},"modified":"2012-03-27T15:35:37","modified_gmt":"2012-03-27T13:35:37","slug":"s-africas-rand-and-bonds-steady","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-rand-and-bonds-steady\/","title":{"rendered":"S.Africa&#8217;s rand and bonds steady"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Rand unchanged from Mondy close<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Govt bond auction at 0900 GMT<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, March 27<\/span> (Reuters) &#8211; South Africa&#8217;s rand held<br \/>\nsteady against the dollar on Tuesday as investors were reluctant<br \/>\nto take decisive positions two days ahead of a local interest<br \/>\nrate meeting.<\/p>\n<p><span><\/span><\/p>\n<p>The South African Reserve Bank kicks off its three-day<br \/>\nMonetary Policy Committee (MPC) meeting on Tuesday while the<br \/>\nTreasury auctions 2.1 billion rand of its 2017, 2020<br \/>\n and 2041 bonds at 0900 GMT.<\/p>\n<p><span><\/span><\/p>\n<p>The rand was trading at 7.5875 to the dollar at<br \/>\n0620 GMT, little changed from Monday&#8217;s New York close of 7.582.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;As we drift towards the MPC this week, it is most probably<br \/>\nlikey to stay in these ranges,&#8221; said Jim Bryson, a trader at<br \/>\nRand Merchant Bank.<\/p>\n<p><span><\/span><\/p>\n<p>A poll of 24 economists surveyed by Reuters said the Reserve<br \/>\nBank would keep its repo rate at historical lows of 5.5 percent.<\/p>\n<p><span><\/span><\/p>\n<p>Yields on the two main benchmark government bonds were up<br \/>\njust 1.5 basis points, with the 2015 yield at 6.765<br \/>\npercent and that on the 2026 note at 8.39 percent.<\/p>\n<p><span><\/span><\/p>\n<p>On the bourse, stocks looked set for a weaker start, with<br \/>\nthe June futures contract of the JSE&#8217;s blue-chip Top-40 index<br \/>\n down 0.08 percent before the 0700 GMT start of trade. \t<\/p>\n<p> (Reporting by Vuyani Ndaba; 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 unchanged from Mondy close * Govt bond auction at 0900 GMT JOHANNESBURG, March 27 (Reuters) &#8211; South Africa&#8217;s rand held steady against the dollar on Tuesday as investors were reluctant to take decisive positions two days ahead of a local interest rate meeting. The South African Reserve Bank kicks off its three-day Monetary [&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-9371","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\/9371","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=9371"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9371\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}