May 10 (Reuters) – South Africa’s government sold a total of 3.9 billion rand ($242.84 million) of its 2030, 2035 and 2048 bonds on Tuesday. Yields rose compared with previous auctions. R2030 BOND: Jan 31, 2030 – 8% coupon Auction date 10/05/22 26/04/22 Best bid % 10.060 9.800 Worst bid % 10.400 10.050 Clearing yield % 10.155 9.890 Total bids (R’bln) 4.875 4.190 Allocated (R’bln) 1.300 1.300 Bid-to-cover-ratio 3.8 3.2 R2035 BOND: Feb 28, 2035 – 8.875% coupon Auction date: 10/05/22 26/04/22 Best bid % 10.760 10.560 Worst bid % 11.200 10.850 Clearing yield % 10.890 10.675 Total bids (R’bln) 2.630 3.025 Allotted (R’bln) 1.300 1.300 Bid-to-cover-ratio 2.0 2.3 R2048 BOND: Feb 28, 2048 – 8.75% coupon Auction date: 10/05/22 03/05/22 Best bid % 10.980 10.860 Worst bid % 11.400 11.250 Clearing yield % 11.110 10.990 Total bids (R’bln) 2.665 3.715 Allotted (R’bln) 1.300 1.300 Bid-to-cover-ratio 2.1 2.9 ($1 = 16.0601 rand) (Reporting by Bhargav Acharya in Bengaluru Editing by Alexander Winning)