Sharenet Sites 
Sharenet Sites
Weekly auction levels post tabling of 2020 MTBPS
Department of National Treasury
REPUBLIC OF SOUTH AFRICA
Private Bag X115, Pretoria, 0001. Tel: (+27 12) 315 5944. Fax: (+27 12) 407 9055
SENS ANNOUNCEMENT
WEEKLY BOND AUCTION LEVELS AND ASSOCIATED MARKET MAKING OBLIGATIONS
Following the tabling of the 2020 MTBPS, the National Treasury announces the following with
regard to government’s financing strategy.
* The fixed-rate and inflation-linked government bond auction amounts will remain
unchanged at R6600 million and R2000 million respectively.
* The non-competitive auction will remain at 100 per cent with 60 per cent allocated to the
Electronic Trading Platform performance and 40 per cent allocated to the primary market
auction participation.
* Switch auctions will be conducted according to a calendar and revised terms and conditions
published on the Investor Relations website.
- The switch auction will be conducted on a competitive basis with the switch amount
capped at R5000 million.
- There will be no further switches on the R208 (6.75%; 2021) which will be redeemed
on 31 March 2021.
The National Treasury will continue to closely monitor the funding program and work at balancing
the funding needs and market consideration.
For further enquiries contact:
T Mda
Acting Director: Debt Issuance and Management
012 315 5753 / +27 72 674 8916
Date: 06 November 2020
Date: 06-11-2020 09:50:00
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