At the SARB, we are keenly aware of the benefits and risks associated with new technology, a subject I will return to in a moment.
The South African Reserve Bank’s response to these challenges One of the steps the SARB took when thinking about how best to deal with expected higher rates in the US was to include the use of bond futures in its investment guidelines in order to provide an efficient way to protect the internally managed bond portfolios invested in the US and other major markets.