2. Raising finance on the foreign bond market The South African Government recently made two further very successful issues in international capital markets. An issue in the Samurai Yen market raised the equivalent of $ million for seven years, and an issue in the American Yankee market provided an amount of $ million for a twenty-year period.
Three popular misconceptions about monetary policy Despite the emphasis that we put on communication and all the time that we devote to these activities, there is frequently some confusion in the minds of the public about what monetary policy does and the constraints that the Bank might operate under.