South Africa Raises Borrowing Requirement to Fund Bond Buyback

South Africa Raises Borrowing Requirement to Fund Bond Buyback

South Africa lifted its borrowing requirement in the current fiscal year by 54.2 billion rand ($3.3 billion), mainly to finance a domestic bond buyback program designed to smooth out redemptions.

South Africa lifted its borrowing requirement in the current fiscal year by 54.2 billion rand ($3.3 billion), mainly to finance a domestic bond buyback program designed to smooth out redemptions.
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Bloomberg — Markets (EN)




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