The payment system oversight function intends to accompany this development, by involving all the stakeholders in defining instruments, services and solutions that can enhance the reliability and efficiency of the payment system. BIS Review 155/2009  5
The yield spreads on South African foreign-currency denominated bonds continue to remain substantially lower than those of emerging markets in general (the Emerging Market Bond Index), indicating that investors share the confidence expressed by international rating agencies and regard South Africa in an increasingly positive light in comparison to competitors.