Views Article – Sharenet Wealth

Africa, News

Yields mostly down at South Africa inflation-linked bond auction

JOHANNESBURG, Feb 14 (Reuters) – South Africa sold a total of 1.040 billion rand ($70 million) of its 2025, 2038 and 2050 inflation-linked bonds, central bank data showed on Friday. Yields were mostly down compared with the previous auctions. ZAI2025 bond due 2025 – 2% coupon Auction date: 14/02/20 07/02/20 Allocated (R’bln) 0.450 0.500 Bids received (R’bln) 1.540 2.235 Clearing yield % 3.465 3.560 ZAI2038 bond due 2038 – 2.25% coupon Auction date: 14/02/20 31/01/20 Allocated (R’bln) 0.350 0.180 Bids received (R’bln) 0.685 0.655 Clearing yield % 3.910 3.900 ZAI2050 bond due 2050 – 2.50% coupon Auction date: 14/02/20 24/01/20 Allocated (R’bln) 0.240 0.405 Bids received (R’bln) 0.675 1.385 Clearing yield (pct) 3.920 3.930 ($1 = 14.8454 rand) (Reporting by Olivia Kumwenda-Mtambo Editing by Alexander Winning)


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