REPUBLIC OF SOUTH AFRICA - Increase in inflation-linked bond auction levels
R150 R194 Z083 R197 R202 R210 R212 I2038 R204 R207 R208 R2035 R2044 R214 R2030 R2037 I2033 I2050 R186 R2032 R2048 I2025 I2029 I2046 R2040 R209 R213 R2023 R203 201708280023A
Increase in inflation-linked bond auction levels
national treasury
Department:
National Treasury
REPUBLIC OF SOUTH AFRICA
Private Bag X115, Pretoria, 0001. Tel: (+27 12) 315 5944. Fax: (+27 12) 407 9055
SENS ANNOUNCEMENT
INCREASE IN INFLATION-LINKED BOND AUCTION LEVELS
Inflation-linked bond (ILB) auctions have underperformed during the current fiscal year as
a result of ILB yields trading considerably higher than what had been budgeted for, as
such are bringing in less cash than what had been initially anticipated. In response to
this, the National Treasury hereby announces that the weekly auction levels will be
increased by R150 million to R800 million from the current R650 million to cover for the
shortfall.
The increase will be effective from the auction to be held on 1st September 2017.
For further enquiries contact:
S Mpakama
Director: Debt Issuance and Management
012 315 5317
Date: 28/08/2017 02:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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