REPUBLIC OF SOUTH AFRICA - Non - Competitive auction option increase to 100 per cent on the new bonds
R2032 R2044 201408050021A
Non - Competitive auction option increase to 100 per cent on the new bonds
National Treasury
REPUBLIC OF SOUTH AFRICA
Private Bag X115, Pretoria, 0001. Tel: (+27 12) 315 5640. Fax: (+27 12) 323 1783
SENS ANNOUNCEMENT
NON-COMPETITIVE AUCTION OPTION INCREASE TO 100 PER CENT ON THE NEW
BONDS
The National Treasury announces that the non-competitive auction on the R2032 and
R2044 option will increase from the current 50 per cent to 100 per cent with effect from
05th of August 2014 until the amount outstanding on these bonds reaches the minimum
required amount of R10 billion for market making obligation for Primary Dealers.
For further enquiries contact:
04 August 2014
M Ratsoma
Chief Director:
Liability Management
012 315 5337
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