South Africas listed credit market ended the fourth quarter of 2025 at about R50 billion, dominated by banks and financial services. This is according to Futuregrowth Asset Managements latest listed credit report.
Transnets November auction of government-guaranteed paper, which attracted R42 billion in bids, was more than eight times oversubscribed.
The approximately R50 billion of gross term issuance recorded in the fourth quarter was slightly below the R53 billion raised in the previous quarter.