Bonds mostly firmer in thin trade-continued

February 28, 2012--South African bonds were slightly firmer in quiet midday trade on Tuesday in line with the strong rand, after the release of key gross domestic product (GDP) figures.
The seasonally adjusted real GDP at market prices for the fourth quarter of 2011 increased by an annualised rate of 3.2% compared with an increase of 1.7% (1.4%) in the third quarter.

The unadjusted real GDP at market prices for the fourth quarter of 2011 increased by 2.9% compared with the fourth quarter of 2010.

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Source: FIN24

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