Penny Byrne ( Email )
Penny completed her BSc and Honours degrees in mathematics at Wits University and then went on to do her masters in pure mathematics at Louisiana State University. Returning to Johannesburg, she then worked at RMB for two years before moving to Cape Town to pursue a PhD in climate science. She has worked at Standard Bank as part of the South Africa fixed income and currencies research team since July 2015 and is currently studying towards her CFA.
Latest available research
The SA Daily – Foreign appetite for SAGBs resilient at the long-end
Foreigners have been net buyers of SAGBs to the tune of ZAR46.7bn YTD. This year, buying has been more pronounced around the belly of the curve. The latest figures from
The SA Daily – Analyst poll indicates no downgrades today
S&P and Moody’s will provide a ratings action for SA’s local currency and foreign currency (LC and FC) ratings today. After last month’s MTBPS showed fiscal deterioration, downgrade risk, particularly
The SA Daily – Inflation expected to rise; SARB likely to stay on hold
South Africa’s 5-year breakeven rate has been declining steadily since May 2016, remaining below the upper band of the SARB’s target range of 3-6% since March 2017. Unlike the previous
The SA Daily – Rand factors in some positive sentiment
The rand strengthened to below 14.00 late last week, and has since been trading around it this week. Support for the rand last week came after a report in the
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