REPUBLIC OF SOUTH AFRICA - Decrease in weekly auction levels

Decrease in weekly 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


DECREASE IN WEEKLY BOND AUCTION LEVELS



In the 2018/19 Budget Review it was stated that the borrowing requirements are set to
decline, leading to a reduction in auction levels. The National Treasury hereby announces
that the weekly auction levels for both the fixed-rate and inflation-linked bond auctions will
be decreased as follows;

    -  The fixed-rate bond auction amount will decrease by R900 million, from
       R3 300 million to R2 400 million.
    -  The inflation-linked bond auction amount will decrease by R300 million, from
       R900 million to R600 million.

The decrease will be effective for the fixed-rate and inflation-linked bond auctions to be
held on 27 March and 6 April 2018 respectively.


For further enquiries contact:



S Mpakama
Director: Debt Issuance and Management
012 315 5317

Date: 20/03/2018 01:20:00 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.