S.Africa's rand little changed, bonds also flat

JOHANNESBURG, Dec 28 - South Africa's rand was little changed from its previous close and government bonds were also largely flat in sluggish trade on Wednesday, with most players out of the market until the start of the new year. The rand traded at 8.1530 against the greenback at 0653 GMT, down just 0.04 percent from Tuesday's close. "It's been very stagnant, I still think euro zone developments will be the major driver and the rand will trade accordingly," a Johannesburg rand dealer said. "It's very thin; and just looking at the price action this morning, markets are illiquid. ...