Table-Yields fall in SA’s inflation-linked bond auction

South Africa sold R1.2 billion ($76.84 million) of its 2033, 2046 and 2050 inflation-linked bonds, central bank data showed on Friday.

Yields were lower than in the previous auctions.

ZAI2033 bond due 2033 – 1.88% coupon

Auction date: 22/04/22 08/04/22
Allocated (R’bln) 0.560 0.770
Bids received (R’bln) 1.570 2.865
Clearing yield % 3.820 3.920

ZAI2046 bond due 2046 – 2.5% coupon

Auction date: 22/04/22 01/04/22
Allocated (R’bln) 0.030 0.245
Bids received (R’bln) 0.970 0.525
Clearing yield % 3.900 4.090

ZAI2050 bond due 2050 – 2.5% coupon

Auction date: 22/04/22 08/04/22
Allocated (R’bln) 0.610 0.350
Bids received (R’bln) 0.865 1.410
Clearing yield % 3.940 4.020

Source: moneyweb.co.za