Municipal bonds in south africa

What are municipal bonds? A municipal bond is a standardized debt instrument, a debt security, issued by a municipal entity. In the following categories, bond standards may be set: Type of issuer: The issuer can be any type of municipal entity, as also for instance a school council or a local public water board. The bonds, all listed on the Bond Exchange of South Africa, are: COJ 01 - A R1-billion, unsecured bond maturing in six years. Launched in 2004, it won the coveted Bond of the Year Award from BESA in that year. COJ 02 - A R1-billion, partially guaranteed bond maturing after 12 years. The JSE is home to one of the most liquid bond markets in Africa. Government Bonds are more liquid than Corporate Bonds. Government Bonds are often considered to be a less risky investment than Corporate Bonds; Both Corporate and Government Bonds are considered to be less risky than buying Shares.

SA.gov Related Sites. Public Works · SA Tomorrow. Office. Physical Address Municipal Plaza Building 114 W. Commerce The Bond will build over 200 miles of new sidewalks. We need your input for the 2017-2022 Bond Program Projects. including Nigeria, Morocco and South Africa, have already issued green In particular, Cape Town municipality's green bond issuance has been seen by. 19 Sep 2016 South Africa does it; and Nigeria does it too, but the idea of local government authorities issuing bonds to fund infrastructure development has  16 Feb 2017 A robust municipal bond market is only part of the answer, cities most South Africa uses its balance sheet to support municipal bond issues.

5 Nov 2016 Even in developing countries like Mexico, South Africa, Poland, Russia and Hungary, municipal-bonds have a large market. In India though, the 

In Africa, this market is fairly new and still confined to only a few cities. Johannesburg issued Africa’s first municipal bond in 2004, Lagos sold $533 million worth of 7-year debt in 2013 and other cities like Dakar, Dar Es Salaam and Windhoek are now looking to enter the bond market. Moody’s believes that issuance in the municipal bond market will continue to be dominated by the country’s three largest cities of Johannesburg, Cape Town and Ekurhuleni. However, South Africa’s South Africa Government Bonds is one of the worlds best interest rate linked bonds in the world. 🥇This has made South African bonds especially retail bonds sought-after investments for both local and foreign investors. Up to 11% interest rate linked bonds now available to invest in - View our bonds investment guide. Only a handful of local governments have successfully issued municipal bonds, almost all of them in South Africa. Yet there is a desperate need for infrastructure investment throughout the region. Only a handful of local governments have successfully issued municipal bonds, almost all of them in South Africa. Yet there is a desperate need for infrastructure investment throughout the region. Check out 2nd Annual African Municipal Bonds Forum Development Bank of Southern Africa Dates Location Schedule Registration Agenda Reviews Exhibitor list. A 3 days conference, 2nd Annual African Municipal Bonds Forum is going to be held in Midrand, South Africa from 06 Mar 2018 to 08 Mar 2018 focusing on Banking & Finance product categories.

10 May 2007 Since the late 1990s, the South African bond market has increased in depth and sophistication. Principal), retail bonds and municipal bonds.

10 May 2007 Since the late 1990s, the South African bond market has increased in depth and sophistication. Principal), retail bonds and municipal bonds.

25 May 2017 Rustenburg Municipality, South Africa. 2nd Forum on Financing and invite you a continental conference on Municipal Bonds, this. October in 

Furthermore, local government, i.e. mostly metropolitan municipalities or cities do issue municipal bonds to generate money for day-to-day operations and specific   5 Dec 2008 Uganda has adopted the South African model for implementing municipal bonds, which is considered one of the most vibrant on the continent. Well-diversified exposure to the South African bond market. yielding interest bearing securities including public, parastatal, municipal and corporate bonds,  This beginners guide explains how to invest in bonds such as municipal bonds, commercial bonds, savings bonds, Treasury bonds, and more. 20 Feb 2015 Senegal's capital is hoping to become the first city to sell a bond in Sub-Sahara Africa, outside of South Africa. The Bond Exchange of South Africa (BESA) was a South African Bond exchange based in Johannesburg that was acquired by JSE Limited in 2009. Prior to its  The Fund invests in South African interest bearing securities. Securities include national government, parastatal, municipal, corporate bonds and money market 

19 Sep 2016 South Africa does it; and Nigeria does it too, but the idea of local government authorities issuing bonds to fund infrastructure development has 

25 May 2017 Rustenburg Municipality, South Africa. 2nd Forum on Financing and invite you a continental conference on Municipal Bonds, this. October in  10 Jan 2013 SOUTH AFRICA Region: Africa Task order: South Africa Secondary Municipal Bond Market Development Technical area: Environmental  15 Oct 2017 Belize City was interested in exploring the use of municipal bonds and decided to look at the financing model used by their neighbours in South  What are municipal bonds? A municipal bond is a standardized debt instrument, a debt security, issued by a municipal entity. In the following categories, bond standards may be set: Type of issuer: The issuer can be any type of municipal entity, as also for instance a school council or a local public water board. The bonds, all listed on the Bond Exchange of South Africa, are: COJ 01 - A R1-billion, unsecured bond maturing in six years. Launched in 2004, it won the coveted Bond of the Year Award from BESA in that year. COJ 02 - A R1-billion, partially guaranteed bond maturing after 12 years. The JSE is home to one of the most liquid bond markets in Africa. Government Bonds are more liquid than Corporate Bonds. Government Bonds are often considered to be a less risky investment than Corporate Bonds; Both Corporate and Government Bonds are considered to be less risky than buying Shares. Of South Africa’s 257 municipalities, only four large metros -- Johannesburg, Cape Town, Tshwane and Ekurhuleni – have sold bonds, according to Statistics South Africa. Many intermediate and smaller towns with a sound revenue base could also borrow in capital markets, the Treasury said.

The City of Cape Town's Green Bond will allow the City of Cape Town to July 2017, Use of Proceeds Bond, ZAR 1bn (US$ 76m), South Africa, Water, Low  Municipal bonds are not, however, guaranteed by the South African government. A feature of the South African bond market is the high level of activity of SOE.