Views Article – Sharenet Wealth

Africa, News

Yields down at S.Africa inflation-linked bond auction

JOHANNESBURG, Feb 19 (Reuters) – South Africa sold a total of 1.82 billion rand ($125 million) of its 2029, 2033 and 2050 inflation-linked bonds, less than the 2 billion rand on offer, central bank data showed on Friday. Yields fell compared with the previous auctions. ZAI2029 bond due 2029 – 1.88% coupon Auction date: 19/02/21 12/02/21 Allocated (R’bln) 1.100 0.790 Bids received (R’bln) 1.140 1.385 Clearing yield % 3.440 3.560 ZAI2033 bond due 2033 – 1.88% coupon Auction date: 19/02/21 05/02/21 Allocated (R’bln) 0.255 0.275 Bids received (R’bln) 0.290 0.375 Clearing yield % 4.070 4.180 ZAI2050 bond due 2050 – 2.5% coupon Auction date: 19/02/21 05/02/21 Allocated (R’bln) 0.465 1.105 Bids received (R’bln) 0.570 1.205 Clearing yield % 4.270 4.350 ($1 = 14.5442 rand) (Reporting by Olivia Kumwenda-Mtambo; editing by Mfuneko Toyana)


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