Market Making R2040 (ZAG00125980)
National Treasury
Department:
National Treasury
REPUBLIC OF SOUTH AFRICA
Private Bag X115, Pretoria, 0001. Tel: (+27 12) 315 5640.
Fax: (+27 12) 323 1783
ISIN NO – ZAG000125980 BOND CODE – R2040
MEDIA STATEMENT
OBLIGATION OF PRIMARY DEALERS IN FIXED-RATE GOVERNMENT BONDS TO
IMPROVE LIQUIDITY IN THE SECONDARY MARKET ON THE R2040 (9.00%:2040) BOND
The Primary Dealers in fixed-rate government bonds of the Republic of South Africa are
required to constantly improve liquidity in the secondary market by quoting a two-way price on
the bonds that have an outstanding amount of R10 billion and more.
The outstanding amount on the R2040 (9.00%:2040) bond has reached the R10 billion mark
and consequently Primary Dealers are obliged to quote a two-way price on this bond as
stipulated in the rules of the Primary Dealers in fixed-rate government bonds of the Republic
of South Africa.
The R2040 (9.00%:2040) bond should be quoted at a maximum bid-offer spread of
10 basis points and a minimum amount of R10 million between Primary Dealers and other
market participants.
For further enquiries contact:
T Moahloli J Krynauw
Chief Director: Liability Management Director: Debt Operations
012 315 5140 012 315 5274
Issued by National Treasury
Date: 22 February 2016
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