Views Article – Sharenet Wealth

Africa, News

Yields mostly higher at South Africa inflation-linked bond auction

JOHANNESBURG, July 31 (Reuters) – South Africa sold a total of 2 billion rand ($118.09 million) of its 2025, 2033 and 2046 inflation-linked bonds, central bank data showed on Friday. Yields were mostly higher compared with the previous auctions. ZAI2025 bond due 2025 – 2% coupon Auction date: 31/07/20 24/07/20 Allocated (R’bln) 0.900 0.725 Bids received (R’bln) 2.545 2.075 Clearing yield % 3.730 3.810 ZAI2033 bond due 2033 – 1.88% coupon Auction date: 31/07/20 12/06/20 Allocated (R’bln) 0.600 0.645 Bids received (R’bln) 1.575 1.130 Clearing yield % 4.800 4.440 ZAI2046 bond due 2046 – 2.5% coupon Auction date: 31/07/20 24/07/20 Allocated (R’bln) 0.500 0.685 Bids received (R’bln) 1.330 1.190 Clearing yield (pct) 4.930 4.910 ($1 = 16.9363 rand) (Reporting by Olivia Kumwenda-Mtambo Editing by Alexander Winning)


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