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REPUBLIC OF SOUTH AFRICA - Weekly auction levels announcement post the Medium-Term Budget Policy Statement (MTBPS) 2024

Wrap Text
Weekly auction levels announcement post the Medium-Term Budget Policy Statement (MTBPS) 2024

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

WEEKLY AUCTION LEVELS ANNOUNCEMENT POST THE MEDIUM-TERM BUDGET POLICY
STATEMENT (MTBPS) 2024

The National Treasury hereby announces the following updates, maintaining alignment with the
2024/25 funding strategy:

   •   The competitive fixed-rate bond amount remains unchanged at R3.75 billion.
   •   The inflation-linked bond amount remains unchanged at R1 billion.
   •   The non-competitive fixed-rate bond amount remains unchanged at 75% of the amount
       offered, allocated as follows:
           o 45% on the electronic trading platform (ETP); and
           o 30% through the primary auction.

Additionally, the floating-rate note and switch auctions will continue as part of the National
Treasury's funding strategy, conducted in line with the auction calendar available on the investor
relations website.

The R186 (10.5%; 2025/26/27) and R2030 (8%; 2030) bonds will be featured in the switch auctions
until the end of the 2024/25 financial year, while the I2025 (2%; 2025) bond will be included until
December 2024.

For further enquiries contact:

Terry Bomela-Msomi
Director: Debt Issuance and Management
+27 12 315 5753 / +27 66 289 2492

Pretoria
30 October 2024

Debt Sponsor
One Capital

Date: 30-10-2024 02:00:00
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