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The organisation has its origins in 1911, with the passing of the Public Debt Commissioners Act of 1911, a year after the formation of the Union of South Africa. [4]: 3 Known then as the Public Debt Commissioners, it would manage the government's debt, investing the government and South African Railways and Harbours trust funds and by 1924 had taken on the provincial administrators funds as well.
Land and Development Bank of South Africa (LADBSA) is a government-owned development bank in the Republic of South Africa. The bank was established as a development finance institution in 1912 by the Government of South Africa. The main objective of LADBSA is to promote and finance development in the agricultural sector of the economy of the ...
In finance, securities lending or stock lending refers to the lending of securities by one party to another.. The terms of the loan will be governed by a "Securities Lending Agreement", [1] which requires that the borrower provides the lender with collateral, in the form of cash or non-cash securities, of value equal to or greater than the loaned securities plus an agreed-upon margin.
The national debt of South Africa is the total quantity of money borrowed by the Government of South Africa at any time through the issue of securities by the South African Treasury and other government agencies. South African national government budget breakdown for 2019/20. Budget short falls such as the area on the income line outlined with ...
The Development Bank of Southern Africa (DBSA) is a development finance institution wholly owned by the Government of South Africa.The bank intends to "accelerate sustainable socio-economic development in the Southern African Development Community (SADC) by driving financial and non-financial investments in the social and economic infrastructure sectors".
A repurchase agreement, also known as a repo, RP, or sale and repurchase agreement, is a form of short-term borrowing, mainly in government securities.The dealer sells the underlying security to investors and, by agreement between the two parties, buys them back shortly afterwards, usually the following day, at a slightly higher price.
Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt ...
The Bond Exchange of South Africa (BESA) was a South African bond exchange based in Johannesburg. [1] [2] [3] It was acquired by the JSE Limited in 2009, and rebranded as the JSE Debt Market. The entity, now through the JSE Limited, operates and regulates the debt securities and interest rate derivatives markets in South Africa. Prior to its ...