Improved economic fundamentals translate into enhanced growth prospects for South African corporates and a concomitant need for long-term debt financing. The development of this sector of the bond market offers borrowers in the private sector access to long-term finance from the capital markets.
2  BIS Review 93/2006  I am aware that some of South Africa’s important corporates are here to participate in this conference. We look forward with keen interest to your contributions to the growth of this sector of the market. I wish you well during your deliberations. Thank you for your attention. BIS Review 93/2006  3