Yields rise in South Africa inflation-linked bond auction
South Africa sold R0.99 billion ($58.67 million) of its 2033 , 2038 and 2050 inflation-linked bonds, central bank data showed on Friday.
Yields were higher than in the previous auctions.
ZAI2033 bond due 2033 – 1.88% coupon
Auction date: | 08/07/22 | 01/07/22 |
Allocated (R’bln) | 0.255 | 0.660 |
Bids received (R’bln) | 1.605 | 0.660 |
Clearing yield % | 4.405 | 4.050 |
ZAI2038 bond due 2038 – 2.25% coupon
Auction date: | 08/07/22 | 24/06/22 |
Allocated (R’bln) | 0.120 | 0.345 |
Bids received (R’bln) | 0.310 | 0.460 |
Clearing yield % | 4.410 | 4.030 |
ZAI2050 bond due 2050 – 2.50% coupon
Auction date: | 08/07/22 | 01/07/22 |
Allocated (R’bln) | 0.615 | 0.270 |
Bids received (R’bln) | 1.095 | 0.300 |
Clearing yield % | 4.450 | 4.100 |
Source: moneyweb.co.za