Local investors cushion impact of South Africa bond index exit – for now
South Africa’s
exclusion from a major global bond index on Thursday appears to
have been a less severe blow than expected, with foreign
investors having been given a full month’s warning to exit the
market and local investors stepping in to buy.
exclusion from a major global bond index on Thursday appears to
have been a less severe blow than expected, with foreign
investors having been given a full month’s warning to exit the
market and local investors stepping in to buy.
Posted by Reuters
