KrugerRand Denominated Bonds: a New Funding Source

KrugerRand Denominated Bonds: a New Funding Source by Simone Daws and Leigh Cunningham-Scott, Debt Capital Markets dealmakers, Rand Merchant Bank Diversification of funding sources is an important pillar of liquidity risk management and a sustainable funding profile. As the South African banks move towards Basel III implementation they are required to hold even higher levels […]