Free Trial

BofA: ZAR Assets Are Attractive - Remains OW Debt & Equities

SOUTH AFRICA
  • BofA says SA assets looking attractive - currently OW equities & debt
  • Bonds have a high risk premium and are attractive
  • Forecasts the rand at 14.70/USD by end of 2021
  • "We are concerned that a lot of people are saying the same thing, and whether the market has priced in all the good news. We don't think so; we think there is still money to be made in emerging markets," Hauner
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.