*  *  *  Members of the press, guests and colleagues On behalf of the South African Reserve Bank, I would like to welcome you to the release of the September 2010 edition of the Financial Stability Review. The Bank has been publishing its Financial Stability Review on a bi-annual basis since 2004, and this is the fourteenth publication of its kind.
Scheduled Urban Cooperative Banks (UCBs) have also been permitted to participate in the repo market subject to adherence to conditions prescribed. d)  Credit Default Swaps (CDS) on corporate bonds: CDS on corporate bonds has been permitted to facilitate hedging of credit risk associated with holding corporate bonds.