South Africa suspends use of Land Bank debt as collateral after default
South Africa’s central bank
has temporarily prohibited the use of debt issued by the Land
Bank as collateral after the state agricultural lender missed
$2.7 billion in loan repayments last month and
has temporarily prohibited the use of debt issued by the Land
Bank as collateral after the state agricultural lender missed
$2.7 billion in loan repayments last month and
Posted by Reuters
