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View Full Version : S. Africa Bonds Gain Second Day as Debt Sale Eases Funding Need - Bloomberg



NewsWhore
05-20-2009, 07:30 AM
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S. Africa Bonds Gain Second Day as Debt Sale Eases Funding Need (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaggTrF1LWQ9M%26refer%3Dafrica&cid=1245604435&ei=GewTSvf5BJKxmAf5gOGjCA&usg=AFQjCNFDHWrWzarvdt-5UU4F-n6ckvtYow)
Bloomberg
The nation&#39;s long-term foreign-currency debt is rated Baa1 by Moody&#39;s Investors Service, the third-lowest investment-grade and on a par with Iceland and Russia. “The new offering was very well received by foreign investors, which allowed government to ...


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