To view the PDF file, sign up for a MySharenet subscription.

REPUBLIC OF SOUTH AFRICA - Market Making R2040 (ZAG00125980)

Release Date: 22/02/2016 12:10
Code(s): R2040     PDF:  
Wrap Text
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

Date: 22/02/2016 12:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story