Wed Jan 27, 2016/Reuters By Mfuneko Toyana South African bonds are still pricing in the first 50 basis point interest rate increase at a single meeting in two years this week, despite comments by the central bank governor suggesting he wants to keep to a path of gradual hikes. At […]
Tag: Rates
Inter-bank rates to drop further on excess liquidity
Financial market watchers have said that the inter-bank rates will drop further this week as a result of excess liquidity in the market. Analysts at FSDH, in a report made available to our correspondent, said, “We expect Open Market Operation maturity of about N249.70bn to hit the system in the […]
Europe’s central banks stand firm on rates
Europe’s central banks resisted pressure to do more to support growth, keeping interest rates at record low levels Thursday as evidence emerged that the region’s economy may be on the mend. The European Central Bank left its key interest rate at 0.75%, and the Bank of England held its at […]
