Views Article – Sharenet Wealth

Africa, News

Yields mostly lower at S.Africa inflation-linked bond auction

JOHANNESBURG, Jan 22 (Reuters) – South Africa sold a total of 2 billion rand ($133 million) of its 2025, 2029 and 2050 inflation-linked bonds, central bank data showed on Friday. Yields were mostly lower compared with the previous auctions. ZAI2025 bond due 2025 – 2% coupon Auction date: 22/01/21 15/01/21 Allocated (R’bln) 0.745 1.250 Bids received (R’bln) 0.780 2.500 Clearing yield % 2.450 2.510 ZAI2029 bond due 2029 – 1.88% coupon Auction date: 22/01/21 04/12/20 Allocated (R’bln) 0.885 0.605 Bids received (R’bln) 1.705 2.155 Clearing yield % 3.840 4.080 ZAI2050 bond due 2050 – 2.5% coupon Auction date: 22/01/21 18/12/20 Allocated (R’bln) 0.370 0.665 Bids received (R’bln) 0.685 0.665 Clearing yield % 4.480 4.430 ($1 = 15.0421 rand) (Reporting by Alexander Winning; editing by Olivia Kumwenda-Mtambo)


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