Views Article – Sharenet Wealth

Africa, News

Yields fall at S.Africa inflation-linked bond auction

JOHANNESBURG, Nov 20 (Reuters) – South Africa sold a total of 2 billion rand ($130 million) of its 2029, 2033 and 2046 inflation-linked bonds, central bank data showed on Friday. Yields were lower compared with the previous auctions. ZAI2029 bond due 2029 – 1.88% coupon Auction date: 20/11/20 06/11/20 Allocated (R’bln) 0.295 0.615 Bids received (R’bln) 0.695 2.965 Clearing yield % 4.100 4.230 ZAI2033 bond due 2033 – 1.88% coupon Auction date: 20/11/20 30/10/20 Allocated (R’bln) 0.765 0.940 Bids received (R’bln) 1.230 1.415 Clearing yield % 4.660 4.780 ZAI2046 bond due 2046 – 2.5% coupon Auction date: 20/11/20 06/11/20 Allocated (R’bln) 0.940 0.610 Bids received (R’bln) 1.465 1.570 Clearing yield % 4.780 4.910 ($1 = 15.3835 rand) (Reporting by Mfuneko Toyana Editing by Alexander Winning)


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