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REPUBLIC OF SOUTH AFRICA - National Treasurys auctions announcement

Wrap Text
National Treasury’s auctions announcement

 REPUBLIC OF SOUTH AFRICA
 Department of National Treasury
 Issuer code: BIRSA
 ("National Treasury")


NATIONAL TREASURY'S AUCTIONS ANNOUNCEMENT

The National Treasury would like to announce the following adjustments to the auction levels
effective 1 April 2024:

   •   the competitive fixed-rate bond amount will decrease by R150 million to R3 750 million;
   •   the inflation-linked bond will remain unchanged at R1 000 million; and
   •   the non-competitive fixed-rate bond amount will increase to 75 percent of the amount
       offered, which will be split in the following manner:
           o 45 percent on the electronic trading platform (ETP); and
           o 30 percent on the primary auction.

The floating-rate note and switch auctions continue to form part of the National Treasury's funding
strategy, and will be conducted in line with the auction calendars published on the investor relations
website.

For further enquiries contact:

Wanga Cibi
Acting Chief Director: Liability Management
012 315 5274 / +27 63 698 7846

Pretoria
21 February 2024

Debt Sponsor
One Capital

Date: 21-02-2024 02:00:00
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