Views Article – Sharenet Wealth

Africa, News

Yields fall at S.Africa inflation-linked bond auction

JOHANNESBURG, Dec 4 (Reuters) – South Africa sold a total of 2 billion rand ($131.48 million) of its 2029, 2033 and 2046 inflation-linked bonds, central bank data showed on Friday. Yields edged lower compared with the previous auctions. ZAI2029 bond due 2029 – 1.88% coupon Auction date: 04/12/20 20/11/20 Allocated (R’bln) 0.605 0.295 Bids received (R’bln) 2.155 0.695 Clearing yield % 4.080 4.100 ZAI2033 bond due 2033 – 1.88% coupon Auction date: 04/12/20 27/11/20 Allocated (R’bln) 0.785 0.830 Bids received (R’bln) 1.010 1.260 Clearing yield % 4.650 4.690 ZAI2046 bond due 2046 – 2.5% coupon Auction date: 04/12/20 20/11/20 Allocated (R’bln) 0.610 0.940 Bids received (R’bln) 1.610 1.465 Clearing yield % 4.720 4.780 ($1 = 15.2116 rand) (Reporting by Olivia Kumwenda-Mtambo Editing by Alexander Winning)


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