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SA bonds more highly rated than others are
South Africa's Transnet and Eskom bonds are more highly rated by analysts than those from the government of the United States according to an article published in Business Report.
It says that ratings agency, Fitch affirmed Eskom's national long-term rate at AAA (zaf) and also gave Transnet's government guaranteed bond the same rating. It says that the bonds from these two utilities were "more creditworthy" than the United States after Standard & Poor downgraded the country's rating from AAA to AA+.
Read more:
- Business Report: Transnet, Eskom bonds beat US rating
