Money Market Report
The Andisa Money Market Report is updated daily and e-mailed to clients every morning. It covers the South African as well as the international interest rate markets. It shows the latest and expected data releases as well as relevant market news. A brief summary relating to moves in the money market and bond rates of the previous day is given and includes the latest benchmark rates and graphs.

[3 September 2010]     [View & Download the Full Report]
Data releases
South Africa's new vehicle sales jumbed by 36.9% on a yearly basis in August partly boosted by pre-emptive buying ahead of a tax on new cars, while strikes in the sector had weighed on exports.
The PMI edged up to 50.3 in August from 49.5 in July and 48.4 in June.
No data releases due out today.

Money Market
One month money market rate at 6.20% and the one year rate moving up slightly from 6.625% to 6.65%.
Three month Jibar rate unchaged at 6.375%.

Bond Market
After strong gains the past week bonds fell prey to some profit taking and shed a few points yesterday.
The benchmark R157 closed the day at 7.265% from its previouis close of 7.20%.