TABLE-Yields fall in SA inflation-linked bond auction

South Africa sold R625 million ($39.00 million) of its 2029 and 2038 inflation-linked bonds, central bank data showed on Friday.

It did not sell any of its 2046 bonds.

Yields were lower than in the previous auctions.

ZAI2029 bond due 2029 – 1.88% coupon

Auction date:	06/05/22	29/04/22
Allocated (R’bln)	0.515	0.740
Bids received (R’bln)	0.685	1.220
Clearing yield %	3.250	3.295

ZAI2038 bond due 2038 – 2.25% coupon

Auction date:	06/05/22	08/04/22
Allocated (R’bln)	0.110	0.080
Bids received (R’bln)	0.325	1.080
Clearing yield %	3.910	4.005

ZAI2046 bond due 2046 – 2.50% coupon

Auction date:	06/05/22	22/04/22
Allocated (R’bln)	0	0.030
Bids received (R’bln)	0.030	0.970
Clearing yield %	0	3.900