TABLE-Yields mostly fall in SA inflation-linked bond auction

South Africa sold R1.2 billion ($75.45 million) of its 2029, 2033  and 2050 inflation-linked bonds, central bank data showed on Friday.

Yields were mostly lower than in the previous auctions.

ZAI2029 bond due 2029 – 1.88% coupon

Auction date: 29/04/22 25/03/22
Allocated (R’bln) 0.740 0.210
Bids received (R’bln) 1.220 1.155
Clearing yield % 3.295 3.310

ZAI2033 bond due 2033 – 1.88% coupon

Auction date: 29/04/22 22/04/22
Allocated (R’bln) 0.415 0.560
Bids received (R’bln) 0.595 1.570
Clearing yield % 3.830 3.820

ZAI2050 bond due 2050 – 2.50% coupon

Auction date: 29/04/22 22/04/22
Allocated (R’bln) 0.045 0.610
Bids received (R’bln) 0.105 0.865
Clearing yield % 3.930 3.940

Source: moneyweb.co.za