REPUBLIC OF SOUTH AFRICA - Increase in weekly Bond Auction Levels

Increase in weekly Bond Auction Levels

national treasury
Department:
National Treasury
REPUBLIC OF SOUTH AFRICA
Private Bag X115, Pretoria, 0001. Tel: (+27 12) 315 5944. Fax: (+27 12) 407 9055


SENS ANNOUNCEMENT


INCREASE IN WEEKLY BOND AUCTION LEVELS 


In response to the revised revenue shortfall projections indicated in the Medium Term Budget Policy Statement, the National Treasury hereby announces that the weekly auction levels for both the fixed-rate and inflation-linked bond auctions will be increased as follows;  

* The fixed-rate bond auction amount will increase by R650 million, from 
R2 650 million to R3 300 million.
* The inflation-linked bond auction amount will increase by R100 million, from 
R800 million to R900 million.

The increase will be effective for the fixed-rate and inflation-linked bond auctions to be held on 14 and 17 November 2017 respectively.


For further enquiries contact:


S Mpakama
Director: Debt Issuance and Management
012 315 5317



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