CPI Rebase and Reweighting announcement
National Treasury
Department
National Treasury
Republic of South Africa
PRESS RELEASE
The impact on inflation-linked Government Bonds of the rebasing and re-
weighting of the Consumer Price Index (CPI) as announced by Statistics
South Africa
The National Treasury has assessed the impact of rebasing and re-weighting the
CPI, and the changes that will need to be made to the Government’s inflation-
Linked Bonds.
On the 20th February 2013, Statistics South Africa provided the historic data of
the rebased CPI (with Dec 2012 = 100) from December 2012 backwards. The
National Treasury has replaced the existing index data for calculation purposes
with the new rebased data until December 2012, and further with the new
rebased and re-weighed CPI from January 2013.
Calculated on the original respective issue dates, the new base inflation indices
are as follows (15 digits apply):
- R189 – 47,2000152761158
- R211 – 87,1665351223362
- R212 – 87,3559589581689
- R197 – 51,3420704228938
- I2025 – 96,8021997606742
- R210 – 70,4617205998421
- R202 – 60,6334496015480
- I2038 – 96,8021997606742
- I2050 – 96,8913104361331
These base indices are calculated in such a way that the capital value of the
bonds is the same before and after the indices were rebased.
For Further Information, Please Contact:
Monale Ratsoma OR Johan Krynauw
Chief Director: Liability Management Director: Debt Operations
(012) 313 5337 (012) 315 5274
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