ASIA CREDIT CLOSE: Credits see active trading; GLP underperforms
HONG KONG, Jan 18 (IFR) - There was active trading in Asian credit markets on Wednesday as a string of new bonds continued to grab the attention of investors.
JOHANNESBURG Jan 13 South Africa's central bank will give extensive comment to the anti-graft watchdog about a preliminary report claiming Barclays Africa Group benefited from an apartheid-era bailout, Governor Lesetja Kganyago told talk radio 702 on Friday.
The Mail & Guardian newspaper reported that Absa, a unit of Barclays Africa Group, could be forced to pay 2.25 billion rand ($166.32 million) to the state for an alleged unlawful apartheid-era bank bailout if a preliminary report by the Public Protector remains unchanged.
Barclays Africa said it will issue a statement later. ($1 = 13.5279 rand) (Reporting by Nqobile Dludla; Editing by Muralikumar Anantharaman)
* Says continues to service Nordea in Norway in renewed service agreements which will run until December 31, 2018, with an option to extend for an additional two years
COLOMBO, Jan 18 The Sri Lankan rupee traded weaker on Wednesday due to importer dollar demand, after sales by foreign banks had helped the U.S. currency to edge up in the previous two sessions, dealers said.