SA Reserve Bank to buy government bonds to inject liquidity into market
Why is the SA Reserve Bank taking the unprecedented step to buy government bonds, to inject liquidity into markets?
Fundi Tshazibana, Deputy Governor of the South African Reserve Bank, is on the line to The Money Show.
The way it would go is we have market dysfunctionality - what are the options we have?
We have a toolkit that we utilise to provide liquidity in the market or to drain liquidity in the market.Fundi Tshazibana, Deputy Governor - South African Reserve Bank
What is unique is we are seeing signs of market dysfunction right now so we are responding to correct that level of disfunctionality.Fundi Tshazibana, Deputy Governor - South African Reserve Bank
We are deliberately not saying anything (about the bonds we are going to buy) because that information would be market-moving.Fundi Tshazibana, Deputy Governor - South African Reserve Bank
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning.
Listen to the full sound clip below.
This article first appeared on 702 : SA Reserve Bank to buy government bonds to inject liquidity into market
Consumer journalist Wendy Knowler says no retailer has the right to refuse cash payments - even during the Covid-19 pandemic.Read More
From 1 August FNB customers will no longer receive their bank statements via email. Refilwe Moloto finds out why...Read More
Publisher Media24 has announced that a number of newspapers and magazines in its portfolio will either be closed or restructured.Read More
Bruce Whitfield talks to SweepSouth cofounder Aisha Pandor about her attitude to money (hopes and fears, successes and failures).Read More
The Money Show’s Bruce Whitfield interviews columnist Tom Eaton about his new book, "Is it me, or is it getting hot in here?"Read More
The Money Show’s Bruce Whitfield interviews Kevin Lings, Chief Economist at Stanlib Asset Management.Read More
"We’ve done all of the back-end work. There are one or two locations where it will make sense," says CEO Ryan Williams.Read More
Bruce Whitfield talks to amaBhungane investigative journalist Dewald van Rensburg, who extensively interviewed Matodzi.Read More
In a viral video posted last week, businessman Vusi Thembekwayo slammed politicians for the devastating impact the lockdown has had small businesses.Read More
Pavlo Phitidis tells more about a strategy that he has been using for years and how to apply this in a business.Read More