TABLE-Yields mostly down at SA inflation-linked bond auction

South Africa sold R1.2 billion ($78.46 million) of its 2025, 2033 and 2046 inflation-linked bonds, central bank data showed on Friday.

Yields were mostly down compared with the previous auctions.

ZAI2025 bond due 2025 – 2% coupon

Auction date:	04/03/22	11/02/22
Allocated (R’bln)	1.085	0.680
Bids received (R’bln)	2.715	0.865
Clearing yield %	2.370	2.500

ZAI2033 bond due 2033 – 1.88% coupon

Auction date:	04/03/22	04/02/22
Allocated (R’bln)	0.045	0.370
Bids received (R’bln)	0.550	0.520
Clearing yield %	3.850	3.860

ZAI2046 bond due 2046 – 2.5% coupon

Auction date:	04/03/22	18/02/22
Allocated (R’bln)	0.070	0.190
Bids received (R’bln)	0.630	0.210
Clearing yield %	3.910	3.820