Free Trial

Demand for Linkers Rises at Auction, 2048s Outperform


Linker Auction Results:

  • 290M Rand of 2% 2025 Linkers; Bid-Cover 3.74x, Avg yield 2.348%
  • 365 Million Rand 2038 Linkers; Bid-Cover 1.07x, Avg yield 4.281%
  • 545 Million Rand 2046 Linkers; Bid-Cover 4.73x, Avg yield 4.262%
Solid demand for 2025 & 2046 linkers, with notable outperformance in 2046s.
MNI London Bureau | +44 020-3983-7894 |
MNI London Bureau | +44 020-3983-7894 |

To read the full story


MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.