MTBPS delivers positive news for SA’s fixed income markets

In this podcast, Sylvester Kobo, STANLIB Asset Management Deputy Head of Fixed Income, highlights positive aspects of the Medium-Term Budget Policy Statement (MTBPS) for bond investors, including the lower inflation target, better revenue collections, a small improvement in the budget deficit and a reduction in government bond issuances. He briefly discusses how the MTBPS influences the outlook for bond yields and interest rates. You can listen to the podcast [here].
STANLIB Asset Management (Pty) Ltd is an authorised Financial Services Provider in terms of the FAIS Act. This podcast should not be construed as advice.