Pretorius, ElnaDu Toit, Charlotte Barbara2009-09-112009-09-112001-03Pretorius, E & Du Toit, C 2001, 'An empirical capital market rate function for South Africa', South African Journal of Economic and Management Sciences, vol. 4, no. 1, pp. 66-89. [http://www.journals.co.za/ej/ejour_ecoman.html]1015-8812http://hdl.handle.net/2263/11225The aim of this paper is to explain the determinants of the South African long-term interest rate. A market-related approach is followed which explains interest rate determination on the basis of the relationships between the capital market and other domestic and international markets. Some implications for monetary policy are derived.enFaculty of Economic and Management Sciences, University of PretoriaSouth AfricaSocio-political environmentDomestic marketsCapital marketsSecondary capital marketPrimary capital marketLong-term interest ratesInternational marketsInterest ratesFinanceEconomicsCapital market -- South AfricaInterest rates -- South AfricaMonetary policy -- South AfricaArticle